fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: Precious Metal Soars amid Bets on Strong Physical Demand in Asia Fri Jan 03, 2014 9:13 am | |
| Precious Metal Soars amid Bets on Strong Physical Demand in Asia Gold prices traded higher by 1.47% against the USD in the 24 hour period ending 23:00GMT, at 1223.65 per ounce, buoyed by speculations that demand for physical gold would rise in Asia. However, concerns on the pace of Fed’s stimulus measures capped gains in the commodity. In the Asian session, at GMT0400, Gold is trading at 1229.03, 0.44% higher from yesterday’s close. | |
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