Gold Holds Two-Day Increase on Dollar, Greece as Silver Advances

Gold held a two-day gain as a climb in the dollar paused and concern increased that Greece may stumble in its bid to avoid default, boosting haven demand. Bullion for immediate delivery was at $1,178.71 an ounce at 8:24 a.m. in Singapore from $1,176.80 on Tuesday, when prices rose as much as 0.8 percent to $1,183.06, according to Bloomberg generic pricing. Prices have gained since Monday after three straight weeks of losses. While ...

Gold Climb for Second Day as Greece Concerns Fuel Haven Demand

Gold gained for a second day as mounting concern that Greece will stumble in its bid to avoid default boosted the metal’s appeal as a haven asset. Gold futures for August delivery climbed 0.3 percent to settle at $1,177.60 an ounce at 1:44 p.m. on the Comex in New York. Silver futures for July delivery slipped less than 0.1 percent to $15.957 an ounce on the Comex, declining for...

Chinese Index Futures Retreat After MSCI Delay; Asian Bonds Drop

Chinese stock-index futures dropped after MSCI Inc. held off from adding mainland stocks to its benchmark indexes. Asian bonds tracked a selloff in the U.S. and Europe, while oil rose a second day. SGX FTSE China A50 Index futures expiring this month fell 1.2 percent at 10:07 a.m. Tokyo time. Yields on Japanese government notes due in a decade climbed four basis points to 0.49 percent, as rates on similar maturity Australian and New...

Asia Stocks Swing as Energy Producers Rise, Consumer Shares Fall

Asian stocks swung between gains and losses as energy companies advanced and consumer shares slid. The MSCI Asia Pacific Index was little changed at 146.12 as of 9:16 a.m. in Tokyo after rising as much as 0.1 percent and falling less than 0.1 percent. West Texas Intermediate crude surged 3.4 percent on Tuesday as shale producers curbed output. Yields on 10-year Australian government notes climbed by 10 basis points after U.S. and European...

Japan Stocks Rise First Time in Four Days as Machine Orders Jump

Most Japanese stocks rose, with the Topix index poised to end a three-day drop, as a report showed machine orders unexpectedly jumped in April. Mining and real-estate shares led the advance. The Topix index gained 0.1 percent to 1,635.88 as of 9:01 a.m. in Tokyo, with two shares rising for each that fell. The Nikkei 225 Stock Average added 0.1 percent to 20,123.70. The yen traded...