Dolar Mixed in Asia Trading

The dollar was mixed in Asia on Tuesday with few immediate trading cues to move markets, after sentiment got a boost from an upbeat US jobs report and better-than-expected Japan growth figures. In Tokyo midday trading, the greenback weakened to 102.35 yen from 102.53 yen on Monday in New York, while the euro drifted lower to 139.10 yen against 139.35 yen. The European single...

Gold Holds Above 4-Month Low as Equity Rally

Gold held above the lowest level in four months on speculation that price declines after a rally in equity markets may spur purchases. Gold for immediate delivery advanced 0.2 percent to $1,254.94 an ounce by 2:17 p.m. in Singapore, according to Bloomberg generic pricing. Bullion fell to $1,240.73 on June 3, the lowest since Jan. 31, as signs of an economic recovery in the U.S. drove the Standard & Poor��s 500 Index to a record. The ...