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U.S. gold futures ended lower amid light volume on Thursday as investors focused on beaten-down gold jewelry demand amid a global recession, but economic uncertainties also provided underlying support to prices.
Financeroll.com - Asian stocks fell after orders for U.S. durable goods unexpectedly dropped, sales of new American homes rose less than estimated and the yen appreciated against the dollar.
Financeroll.com - Asia stocks and currencies rose as the United Arab Emirates pledged support for its banks, easing concerns that losses from Dubai World will spread. Treasuries and the cost of protecting corporate debt fell.
Financeroll.com - Emas mencatat pelemahan terbesar dalam satu hari sejak 2008 hari ini, emas mencapai level terendahnya dalam tiga bulan terakhir karena serangkaian aksi risk aversion menghatam pasar global yang akhirnya memicu technical selling besar-besaran terhadap emas.