Gold Futures Tumble to Six-Week Low on Signs China’s Demand Ebbs

Gold futures fell to a six-week low approaching $1,200 an ounce on speculation that Chinese demand will fall during the Lunar New Year holiday. Silver tumbled, and platinum dropped to the cheapest in more than five years. Volume in the Shanghai Gold Exchange™s benchmark spot contract dropped to the lowest in a year. Markets in China, the world™s second-biggest buyer, will be closed for five sessions starting Wednesday....

Gold Falls With Silver on Concern Chinese Buying Will Decline

Gold and silver led losses in precious metals on speculation Chinese demand will fall during the Lunar New Year holiday. Volumes for the Shanghai Gold Exchange benchmark spot contract dropped about 75 percent from Mondays level to the lowest in more than a year, data from the bourse show. China, the second-biggest bullion buyer after India, will close markets for five days starting...

U.S. Stocks Climb Amid Optimism on Greece as Oil Prices Rebound

The Standard & Poor™s 500 Index reached a record for a second day on speculation that the Greek debt impasse is easing while oil prices erased earlier declines.The S&P 500 climbed 0.1 percent to 2,100.00 at 4 p.m. in New York. U.S. markets were closed for a holiday on Monday.Greece™s government may request an extension of its loan agreement for six months, according to a person familiar with the matter, a step that could ease a...

U.S. Stocks Fluctuate Amid Greek Impasse After S&P 500 Record

U.S. stocks fluctuated, after the Standard & Poor™s 500 Index reached a record last week, as investors weighed the risks of a Greece debt impasse while a drop in oil was offset by a rise in health-care shares.The S&P 500 declined 0.1 percent to 2,094.82 at 12:14 p.m. in New York. The Dow Jones Industrial Average lost 20.39 points, or 0.1 percent, to 17,998.96.52. The Russell 2000 Index was little changed after reaching a record...

European Stocks Little Changed as Greek Shares Fall Amid Talks

European stocks were little changed as a rise in makers of food and drinks offset a drop in Greek equities. The Stoxx Europe 600 Index added 0.1 percent to 377.02 at the close of trading, after declining as much as 0.7 percent. Diageo Plc and Anheuser-Busch InBev NV rose more than 1.5 percent, pushing a gauge of food and beverage shares higher. The U.K.™s FTSE 100 Index climbed...