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An employee displays a gold jewellery to a client at a shop owned by the Krastsvetmet nonferrous metal plant in Russia's Siberian city of Krasnoyarsk

Gold rallies late as risk rout revives haven bid
Gold staged a dramatic mid-session turn-around in heavy trade on Wednesday, rebounding more than $30 an ounce as a deepening sell-off in riskier assets rekindled safe-haven demand and technical bids kicked in at a key support level. The abrupt reversal at mid-morning prevented gold from dropping below $1,530 an ounce, near this year's lows. Traders said the deepening euro zone crisis may encourage

Commodity prices fall on European economic woes
's financial troubles have cast a pall across the commodities market, which trades basic materials that are used in everything from housing and vehicles to food.

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Europe's deepening crisis drags Wall St lower

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News Summary: Spanish bond yields at euro-era high

: Spain's borrowing costs soared to their highest level since the country joined the euro, close to levels where other debt-stricken countries such as Greece and Ireland have asked for an

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Spain goes from boom to bust in a hectic 10 years

Spain is moving closer to the financial tipping-point that could force it to ask for a bailout as the country's borrowing costs neared unsustainable levels Wednesday. The country's economic

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Financial Videos

Movie on Global financial cris...
Movie on Global financial crisis promoted

No link between Obama trip, pa...
No link between Obama trip, passage of fin sector bills: FM

Fluid economic scenario demand...
Fluid economic scenario demands guarded optimism: Murthy

Tripura's rural bank posts rec...
Tripura's rural bank posts record profit

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