Asian Session: Gold Breaks $1000oz

September 8th, 2009 • Related • Filed Under




G10 Advancers and Decliners vs USD
JPY 0.50
GBP 0.47
CHF 0.40
EUR 0.37
The currency market saw quiet, range trading session on Monday, on US labor market holiday and light economic calendar, with USD being little sold especially against commodity currencies. Asian & European stocks rallied yesterday with Shanghai Composite Index rising 0.7% percent, supported by news from China’s government to lift the amount foreign funds can invest in stocks. Gold prices ended…

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