USD 64.1213

+0.29

EUR 70.604

-0.07

BRENT 63.53

-0.5

AI-92 42.4

+0.01

AI-95 46.11

0

AI-98 51.89

-0.01

Diesel 46.15

0

10

Gold Futures Rally, Up More Than $4

US gold futures recovered more than $4 an ounce Wednesday reacting ...

US gold futures recovered more than $4 an ounce Wednesday reacting on an unexpected widening in the U.S. trade deficit dispatched the U.S. dollar sharply lower and spurred speculators and investors into dollar-alternatives such as gold.

The most-active gold February contract settled $4.20 higher at $426.60 per ounce on the COMEX.

The market got off to a slow start around $422 an ounce as players sat on
their hands ahead of the trade-balance news but soon burst to near the $424 area as the wider- deficit news took players across many markets by surprise.