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Gold prices Tuesday tumbled by Rs 145 to close at Rs 13,580 per ten gram in the bullion market on emergence of selling by stockists in line with the weakening trend in overseas markets. Gold suffered heavy losses following reports of a fall from an 11-week...
Tags: inflation, trend, crude, gold prices
European stocks were down 0.3 percent in early afternoon trading on Wednesday after most regional markets closed early for Christmas, with a slide in crude prices hitting energy shares as volumes dwindled. Christmas break, as investors' gloom over a shaky...
Material and gold stocks group was up more than 2.7%, Gold futures fell slightly in light volume ahead of the holiday season...Prices for copper, silver and palladium were also under pressure. Gold stocks improved from losses a day ago when UBS downgrade...
In economic news, the U.S. government reported that the economy contracted at a 0.5% annual rate in the third quarter. Economists generally expect that the U.S. recession, which officially began last December, will deepen over the next few quarters...Crude-oil...
Asian shares are set for a cautious start on Monday, after Wall Street finished mixed last week. The decision by the US government to extend a lifeline to ailing auto makers helped push the S&P 500 and the Nasdaq higher, but crude oil falling below $34...
Tags: shares, stock market, market, stocks, exchange, crude, Wall Street, asian share, asian markets
Commodity markets have fallen back sharply under the weight of a rapidly deteriorating outlook for global growth, said Barclays Capital analysts in a research note to clients. Thin trading conditions have exacerbated the downfall, pushing implied volatility...
South African stocks fell for the second consecutive day on Friday as a firmer dollar and weaker metals prices pressured gold and diversified mining stocks. The rand weakened against the dollar, as the greenback rallied on news that the White House will...
Asian shares are set to rally Wednesday, as a heavy rate cut in the US and promises of radical measures to fight the downturn buoyed investors. Financial stocks could gain after the Federal Reserve slashed its key rate to a range of zero to 0.25 percent,...
Tags: crude, asian shares, rate cut, Federal Reserve
Canadian stocks picked up on Friday’s late rally momentum and cruised to their biggest gains in more than a week Monday. Driven by a bounce in commodity prices and word from south of the border that a massive public works stimulus package is on the way,...
Tags: stock market, crude, obama
The Standard and Poor's 500-stock index was also flat, up 2 points...Fears of a global recession pushed crude oil down 5 percent to below $42 a barrel by midday. Already driven down more than 60 percent from its peak of $147 a barrel in July, oil could...
Tags: unemployment, recession, oil, crude, unemployment rate