Gold steady

Market news

12 January 2016

Gold steady

Gold is currently at $1,095.70 (-0.05%) as concerns over China's economy prevent this safe-haven asset from falling. Nevertheless fundamentals, driven by expectations of higher interest rates in the U.S., remain bearish. Higher rates undermine demand for the non-interest-bearing bullion.

Oil prices plunged

Global Stocks: U.S. stock indices fell

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