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Email this article: Gold sets new record in India, Germany's bunds 'behaving more like peripheral bonds" as Spain yields hit fresh high
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Posted: Thu June 14, 2012 7:42 pm
INTERNATIONAL. Gold prices rose to US$1,627 an ounce shortly ahead of US trading on Thursday - their highest level so far this week - immediately following the publication of US economic data.
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QATAR. In the end, monetary policy can be powerful in the short-term but is unlikely to change the long-term predicament of the Euro Area. The ECB may succeed in preventing prolonged deflation from taking hold, but this is a not a sufficient condition for sustainable growth.
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