Live Rates Powered By:
AUDUSD
NZDUSD
EURUSD
GBPUSD
USDJPY
USDCAD

PRECIOUS-Gold hardly moves; on track for 6 pct Q1 gain
2012-03-30 08:32:31

 

SINGAPORE, March 30 (Reuters) - Gold was little changed on
Friday after falling more than 1 percent in the previous
session, but a steadier euro could encourage buying from
investors as the precious metal was on track for a 6 percent
increase this quarter. 	
          	
    FUNDAMENTALS	
    * Spot gold steady at $1,661.26 an ounce by 0037 GMT.
It hit a two-week high near $1,700 this week on expectations of
monetary easing in the United States after Federal Reserve
chairman Ben Bernanke cautioned it is too soon to declare
victory in the U.S. recovery.	
    * U.S. gold June contract rose $8.1 to $1,663 an
ounce.	
    * The Federal Reserve's current policy of ultra-low interest
rates is adequate given moderate U.S. economic growth and
manageable inflation, Richmond Fed President Jeffrey Lacker said
on Thursday. 	
    * U.S. household income grew at a faster pace in the fourth
quarter than previously thought as the jobs market strengthened,
a development that could underpin consumer spending.
 	
     * For the top stories on metals and other news, click
, or 	
    	
    MARKET NEWS	
    * The euro was steady at around $1.3301, having
touched a nearly four-week high earlier this week on comments
from U.S. Fed Chairman Ben Bernanke, who indicated supportive
monetary policy will remain in place. 	
    * Japan's Nikkei share average edged lower for a third day
on Friday as many investors locked in profits in Tokyo stocks
that have rallied in the January-March period, but the index is
still expected to log its best first-quarter performance in 24
years. 	
   	
    DATA/EVENTS	
    0500 - JAPAN CONSTRUCTION ORDERS FOR FEBRUARY      	
    0600 - GERMAN RETAIL SALES FOR FEBRUARY    	
    N/A  - EUROGROUP MEETING - COPENHAGEN    	
    1230 - U.S. PERSONAL INCOME/SPENDING FOR FEBRUARY  	
    1345 - CHICAGO PMI FOR MARCH    	
    1355 - THOMSON REUTERS/UNIV OF MICH FINAL MARCH CONSUMER 	
           SENTIMENT   	
    1430 - U.S. ECRI WEEKLY    	
       	
    PRICES 	
          	
  Precious metals prices 0037 GMT
  Metal             Last    Change  Pct chg  YTD pct chg    Volume
  Spot Gold        1661.26    0.38   +0.02      6.23
  Spot Silver        32.22    0.01   +0.03     16.36
  Spot Platinum    1629.19    6.24   +0.38     16.96
  Spot Palladium    642.70   -0.25   -0.04     -1.50
 
  COMEX SILVER MAY2  32.23    0.23   +0.73     15.44          355
  Euro/Dollar       1.3324
  Dollar/Yen         81.86

 





TIME
Sydney Tokyo Ha Noi HongKong LonDon NewYork
Prices By NTGOLD
We Sell We Buy
37.5g ABC Luong Bar
5,239.804,839.80
1oz ABC Bullion Cast Bar
4,355.803,975.80
100g ABC Bullion Bar
13,959.2012,859.20
1kg ABC Bullion Silver
1,695.601,345.60
Slideshow
 
© 2011 Copyright By Ngoc Thanh NTGold. All Rights Reserved.
Powered by: Ngoc Thanh NTGold
 
  • Online: 557
  • Today: 3062
  • Total: 4618338