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Oil rises after the Nikkei and pledged U.S. interest rates remain low
11/08/2011
The approaching gold from the highest
Tokyo SINGAPORE (Reuters) after the United States made its pledge jumped futures prices to a combination Brent more than three dollars on Wednesday after he pledged to the Federal Reserve (Fed) to keep interest rates close to zero for another two years. and jumped the price of Brent crude for September delivery up to the level of 105.67 dollars a barrel and by the time 0413 GMT, Brent price of $ 105.44. The Brent has been recorded at the settlement on Tuesday, 102.57 dollars down 1.17 dollars. The price of contracts of U.S. light crude for September delivery up to the level of 82.43 dollars a barrel after record at the settlement the previous day 79.30 USD down $ 2.01 at the time of Nikkei index ended up in the stock market Tokyo Stock Exchange on Wednesday after the Federal Reserve pledged (the U.S. central bank) to keep interest rates close to zero for another two years, and that stocks were the major export companies affected by the rise of the yen fell. The Nikkei rose 1.1 percent to close at 9038.74 points. The index has gained broader Topix rose 0.8 percent to 776.73 points. and settled the price of gold yesterday, Wednesday, hovering near its highest level ever at about 1778 dollars per ounce as in the previous session the former may not enhance the gains due to recovery in stocks after a pledge by the Federal Reserve (Fed) to keep interest rates near zero. The shares rebounded in Asia after a jump in U.S. shares after undertaking an unprecedented Federal Reserve to keep interest rates near zero for at least two years is that This step confirmed fears that the economy will remain weak for longer than previously expected. and rose gold in the spot market to $ 6.91 to $ 1750.31 an ounce by the time 0620 GMT. He had hit a record high at 1778.29 dollars in the session on Tuesday in the biggest rally lasted three days since the global financial crisis in late 2008, after tumbling stocks on concerns about economic growth due to the debt crisis in the United States and the euro area. The price of gold in the U.S. futures for the month of December, 5.9 dollars to 1752.5 dollars an ounce to near record high on Tuesday at about 1782 per ounce. and silver rising to 0.56 percent, to 37.84 dollars per ounce. and increased the platinum 0.28 percent to 1753.49 dollars per ounce. Palladium rose 1.30 percent to about 743.47 dollars per ounce
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