Sunday, 3 January 2016

SPOT GOLD

Spot gold was up 0.4 percent to $1,064.40 an ounce by 0323 GMT, while U.S. gold futures rose 0.3 percent.
Silver jumped nearly 1 percent to $13.89, tracking the yellow metal.

www.starindiaresearch.com 
8235003366

GOLD

Gold inched up, bolstered by a jump in oil prices and safe-
haven bids from rising geopolitical tensions in the Middle 
East. 
www.starindiaresearch.com 
8235003366

OIL

Oil prices jumped over 2 percent in the first trading hours of 2016 as relations between Middle Eastern rivals Saudi Arabia and Iran deteriorated following Riyadh's execution of a prominent Shi'ite Muslim cleric.

www.starindiaresearch.com 
8235003366

U.S.TREASURIES

U.S. Treasuries prices rose on Thursday to end the year higher than expected by many investors and with the yield 
curve flatter than in 2014.

www.starindiaresearch.com 
8235003366


U.S.MARKET UPDATE

The S&P 500, which tracks the biggest US-listed companies closed down almost 1 percent on Thursday at 2,043 points. It ended the year down 0.73 percent after three straight years of double digit gains.

www.starindiaresearch.com 
8235003366

ASIAN STOCKS

Asian shares and currencies fell on the first day of trading in 2016 after China factory activity contracted and the 
yuan weakened, while oil prices jumped as much as 3 percent on rising tensions in the Middle East.
 
www.starindiaresearch.com 

8235003366