Gold Closed Reduction, Equity Overload

Monexnews-the gold price to get some reinforcement Thursday and some of the decline in prices is expected to trigger action bought from traders after the new year holiday in China, but the decline in the stock would probably restrict reinforcement.

The price of gold rose $ 1.25 per ounce to 643.61, after $1, down $ 1,650 Wednesday after data showed the growth of thin disappointing for U.S. retailers in January and U.S. stock market indices, S&P 500 climbed to the highest level of his daily since November 2007.

U.S. gold was in contract $1, 644.10 per ounce, down $ 1.00.

(AR)

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Deserted! The Majority Of The Asian Exchanges Closed Because Of Holiday

Monexnews-the Volume of trade transactions seem quiet in early trading weekend (11/2) because these days the market Japan, China, Hong Kong, South Korea, Taiwan, Viet Nam, Singapore and Malaysia are closed on public holidays.

Nevertheless in the Asia-Pacific region only Australia's stock traded at its highest level in almost three years. While the Yen strengthened against the dollar tracked (USD), while the world price of gold crept up even though some Asian equities markets close for national day related.

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