
The Australian dollar was relatively unchanged after May reports of Australia’s housing data. A recovery in investment lending for real estate was countered by weaker housing loans.
MUMBAI, July 09 Gold Forecast prices remained bullish this week and rallies strongly gaining 3.80 percent to $1544.00 from $1487.43 ensuring that the precious metal prices would not close below $1500 for the second consecutive week. Although Bullion continues to trade off of its all-time high of $1577.40, which it reached back on May 2, its clear that [...]
MUMBAI, July 01 Gold Trading prices slipped by Rs 120 to Rs 22,320 per 10 grams yesterday, after a two-day rise, on sluggish demand amid a weak global trend. On the other hand, silver rose further by Rs 550 to Rs 52,700 per kg on increased offtake by industrial units and jewellery fabricators. Silver coins also [...]

The third major British real estate report confirmed a weaker residential housing market.

The second major British house prices data confirmed a weaker real estate sector in May and going into the historically weaker summer months.

Although a higher than expected home loans growth rate restored some hope for the weakening Australian real estate market, the Australian dollar continues its morning decline as equity markets fall, hinging on Chairman Bernanke’s tepid remarks on the US economy.

The US Dollar strengthened against all of its major counterparts amid thin holiday trading. The euro saw continued weakness after at second failed attempt at the 1.43-handle in overnight trade.
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Local unit lifts on US dollar weakness. 27 May 2011 6:54 PM
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MUMBAI, May 10 Gold contract, for June delivery, rose $US11.60, or 0.8 per cent, to settle at $US1503.20 a troy ounce on the Comex division of the New York Mercantile Exchange. Gold ETF had lost 4.8 per cent last week through Thursday before stronger US non-farm payrolls renewed concerns that rising consumer and producer prices [...]

British RICS Real Estate Index for March reported lower, but beats estimates for March.