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Market Update : 
Gold Down $12, Oil Up
Author: 123jump.com Staff
123jump.com
Last Update: 4:27 PM EST December 15 2006

(Continued)

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Benign November inflation data on Consumer Price index and core CPI sparked a wave of buying in the morning. The reported CPI and core CPI nearly unchanged supported a broad buying in financials, industrial and consumer durable sector. Gold fell $12 on inflation report but oil managed to rise. European markets closed higher on feversih takeover activities. Brazil continued to gain but Mexico settled after closing for eight records in nine days.

 
Currencies

The euro bought $1.3166 early Friday, up from $1.3152 in New York the previous day. The British pound also gained on the dollar at $1.9627, up from $1.9611 in New York overnight. The dollar remained strong against the Japanese yen, buying 117.97, up from 117.86 on Thursday.


$26.43
 -0.08%
$43.38
 -1.25%
$55.34
 -1.07%
$18.07
 -0.66%
$32.36
 -0.12%
$3.90
 -2.99%
$43.45
 -0.44%
$90.01
 8.47%
$9.11
 -2.98%
$21.99
 -0.95%
$67.04
 -0.52%
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