News from across the continent
22/08/2012 02:16:51 PM
22/08/2012 02:03:44 PM
22/08/2012 08:15:53 AM
22/08/2012 07:57:15 AM
21/08/2012 03:41:39 PM
21/08/2012 01:24:02 PM
21/08/2012 09:34:47 AM
21/08/2012 08:01:40 AM
Publish Date22/08/2012 02:16:51 PM
Last Update22/08/2012 02:21:54 PM
Gold hovered around a three-month high on Wednesday, paring some of the morning gains as the dollar firmed while the euro was little changed as market focus shifts to the Federal Reserve`s key minutes for July meeting to be released later today.
Spot gold was up 0.14 percent at $1,641.33 an ounce at 11:11 a.m. EST, holding almost steady below its highest level in three months. Spot silver was up 0.28 percent at $29.47 an ounce. Spot platinum was up 1.02 percent at $1,521.13 an ounce.
Precious metals retained most of yesterday`s gain but traders remained cautious ahead of key meeting between Greek officials with Eurogroup Chief Jean-Claude Juncker. In the U.S, the Federal open Market Committee minutes will be out 02:00 a.m. EST.
The dollar Index, which tracks the greenback against a six-currency basket, was down from the session high of 82.11 to trade flat t 81.91, The euro was little changed flat as well at $1.2470, while the pound was up at $1.5797 from $1.5781.
Opinions expressed at ICN.com are those of the individual authors and do not necessarily represent the opinion of ICN.com or its management, shareholders, affiliates and subsidiaries. ICN.com has not verified the accuracy of any claim or statement made by any independent writer and is reserved as their own and ICN.com is not accountable for their input. Any opinions, news, research, analysis, prices or other information contained on this website, by ICN.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. ICN.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. The data contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market prices, meaning prices are indicative and not appropriate for trading purposes. ICN.com does not bear any responsibility for any trading losses you might incur as a result of using this data.
©2012 ICN.COM. ALL RIGHTS RESERVED