Gold News

Gold prices rose as signs of an economic recovery boosted demand for commodities and as some investors sought an alternative to holding euros on concern that Greek budget deficits may widen

Gold climbs on a commodity rally as demand in China increases

Gold prices rose as signs of an economic recovery boosted demand for commodities and as some investors sought an alternative to holding euros on concern that Greek budget deficits may widen. Gold advanced 24 percent last year, a ninth consecutive annual gain, as governments cut interest rates and committed trillions of dollars to prop up economies, while central banks in nations including India and China bought bullion. Gold futures are little changed this year. Gold is trading at $1,081 as of 11:05am, GMT with a bullish trend.

Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and now serve clients of all sizes in many locations worldwide, offering them real-time Internet trading not only in currencies, but also in options, commodities,... More