Gold Falls Near Two-Week Low as Fund Holdings Drop a Second Day

Gold fell to near the lowest in more than two weeks as investors sold metal from exchange-traded products for a second day. The metal slid as much as 0.4 percent after sinking for a third day Friday when data showed the U.S. jobless rate fell to 5.1 percent in August, the lowest since April 2008, adding to the case for the U.S. Federal Reserve to raise interest rates. The Fed will decide whether to raise rates next week. Gold is down...

Oil Falls for Second Day on Glut as Chinese Stock Market Drops

Oil declined for a second day on speculation that OPEC will fail to stabilize prices amid a global oversupply and concern that Chinese demand growth will weaken. Futures lost as much as 2 percent in New York as the Shanghai Composite Index declined. Russia cannot become a member of the Organization of Petroleum Exporting Countries and may take on “observer status,” OAO Rosneft Chief Executive Officer Igor Sechin said at a conference...

China Stock-Index Futures Decline Before Release of Trade Data

China’s stock-index futures slumped before the release of trade data for August that will probably add to signs of a slowdown in the world’s second-largest economy. Contracts on the CSI 300 Indexdropped 1.1 percent at 9:18 a.m. local time before the trade data due at about 10 a.m. China’s overseas shipments probably fell 6.6 percent from a year earlier, compared with a drop of 8.3 percent in July, according to a survey of 30 economists...

Asian Stocks Rise Before China Trade Data as Japan Shares Climb

Asian stocks rose, with the regional benchmark index climbing from its lowest close since 2012, as Japanese shares advanced and investors awaited trade data from China. The MSCI Asia Pacific Index added 0.1 percent to 124.25 as of 9:07 a.m. in Tokyo. Japan’s Topix index gained 0.3 percent after a revised report showed gross domestic product shrank less than previously reported. While the Shanghai Composite Index lost 2.5 percent on...

Japan Stocks Rise as Data Shows GDP Contraction Revised Lower

Japanese stocks rose for a second day after a report showed the country’s economy shrank less than previously reported. Non-ferrous metals producers led gains, while brokerages dropped. The Topix index climbed 0.3 percent to 1,449.37 as of 9:02 a.m. in Tokyo, with four stocks rising for every three that fell. The Nikkei 225 Stock Average added 0.5 percent to 17,944.11. The yen fell 0.2 percent to 119.47 per dollar as a report showed...