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WeeklyPerformance

 

January 3rd Week

Statistics

Date

EUR/

USD

Pips

GBP/

USD

Pips

USD/

CHF

Pips

30th jan

-21 +46 ++

31th Jan

+85

+20 +79

1st Feb

-20 +41 -23

2nd Feb

+106 +71 +82

3rd Feb

+14 ++ ++
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Last Update:
Tuesday, 07 February 2012
G!Analytics
Home Forex News Forex News: Gold Still “Tracking the Dollar” as Money Supply Slows Outside China

Forex News: Gold Still “Tracking the Dollar” as Money Supply Slows Outside China

THE SPOT PRICE of gold bullion rose 0.7% from an early dip to $936 an ounce in London on Monday, lagging a 1.0% rally in European equity markets. Crude oil recovered to just below $70 per barrel, despite a cut in global oil-demand forecasts at the International Energy Agency. Copper rose as Shanghai reported a sharp drop in stockpiles, but long-dated government debt prices also rose, pushing the yield offered by 10-year US Treasuries down to a five-week low of 3.47%. “The main driver of gold at the moment is moves in the ...

Last Updated ( Monday, 06 July 2009 23:52 )