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Uncertainty in Eurozone triggers volatility

LAST week was a bullish roller coaster ride for the yellow metal. Gold prices retreated from a high 1802.90 amid fear in the Italian economic stability.


Gold and silver prices soar after conclusion of EU Summit

GOLD prices soared to as high as 1752.30 regions last week amid strong conclusion of European Union (EU) Summit, broadly in line with market expectation.


Brussels meeting will decide new market trend

GOLD prices plunged consecutively for four straight days last week to a low 1603.60 regions before recoiled up on Friday.


European quantitative easing programme revives financial market

THE United Kingdom Central Bank decided last week to re-introduce its bond-purchase programme worth £275bil to increase liquidity in financial markets.


EXCLUSIVE - Libya ships crude to Asia, first under new govt

SINGAPORE (Reuters) - Libya is exporting its first cargo of crude to Asia under a new government as the North African nation returns to normalcy following a months-long civil war.


Commodities consolidate after the plunge

GOLD prices plunged to 1532.59 early last week before recoiling up more than US$140 amid weaker greenback. Transient market optimism on Eurozone debt crisis situation pushed the gold prices higher to 1676.93 regions.


Commodities plunge amid stronger greenback after Operation Twist

GOLD prices plunged drastically to 1628.70 last week amid stronger greenback after Fed successfully implemented 'Operation Twist'.


Precious metals swing amid uncertainty in US market

GOLD prices dropped from a high of 1920.74 regions last week to as low as 1791.12 regions as the appetite for risk grew. However, the global equity markets eroded the flight into gold as safe-haven.


Precious metals surge amid weak US job data

GOLD prices rose again last week due to pessimism in US outlook and market closed at week's high on Friday.


Prices of precious metals and energy take a plunge

GOLD prices took a plunge of US$210 correction from its new found high 1902.02 due to CME Group called for margin raise in Comex gold futures.