Mcx Commodity Report: Oil rates Fall as World Bank Cuts Economic Growth Outlook

Gold held firm close to its maximum in a week on Thursday, investment
on to increases from a 3-day rally glow by a poorer dollar and
safe-haven bids from the Greek debt crisis. Spot gold was small changed
at $1,186 an ounce by 0041 GMT. The metal ended positive 0.8% on Wed.
after beating a 1-week high of $1,192.10.The dollar dropped to 2-week
lows against the yen on Wed. after Japan's chief central banker said the
yen was decent poor and unlikely to drop further. The Positive back
also chop against the euro and a basket of key currencies.

0 comments: