India Bullion iPhone Application
  Quick Links
Currency Futures Trading

MCX Strategy

Precious Metals Trading


Forex Brokers


Precious Metals Trading

Economic Data

Commodity Futures Trading


Live Forex Charts


World Gold Prices


Forex COMEX India

Contact Us


Bullion Trading Bullion Converter

$ Price :


Rupee :


Price in RS :

  More Links
Forex NCDEX India


Live Gold Prices

Price Quotes

Gold Bullion Trading


Forex MCX India


Gold Commodities


Forex Currency Trading


Indian Currency


Forex MCX India

Link Exchange

BBC: Pound falls on weak UK economic data
The pound fell against other currencies following the release of weaker-than-expected UK economic data.
Official figures showed industrial output fell by 0.7% in February from the month before, while construction output shrank by 1.7%.
Separate data showed the UK's deficit in goods and services widened to £3.7bn in February, from £3bn in January.
The pound fell 0.4% against the dollar to $1.2418 and dropped 0.3% against the euro to 1.1686 euros.
Elsewhere, markets remained wary following news of the US missile attack on a Syrian government airbase.
Worries over disruption to oil supplies in the Middle East sent the price of crude surging. The price of Brent oil rose 2% to stand above $56 a barrel at one point, before slipping back to $55.26.
Gold - traditionally seen as a haven asset in times of uncertainty - rose 1.25% to $1,253.75 an ounce.
The rise in the gold price lifted shares in Randgold Resources. Its shares were the biggest risers in the FTSE 100, climbing 2.6% .
Overall, London's benchmark share index was up 13.43 points at 7,315.04 shortly after midday.
Shares in Sainsbury's rose 2% while Tesco was 1.5% higher after UBS assigned a "buy" rating to both of the supermarkets.
However, in the FTSE 250, shares in Ocado fell 4.7% after UBS cut its rating on the online grocer to "sell" from "buy".