Gold News Today

Gold futures tumbled again in the Asia session today tracking the losses in equities after Chinese trade data pointed to more signs of stress in the global economy, though news of Europes fresh lifeline to Spain offers some support.

Most markets in Asia turned south after data showed Chinas import growth slowed more than expected in June, while the trade surplus widened sharply in June, as exports picked up.

Chinas trade surplus widened sharply in June, as exports accelerated at a higher-than-expected rate of 11.3% from the same month a year earlier, while the rate of growth in imports eased to 6.3%, according to data released Tuesday.


[ News Via Dhansukh ]

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