Gold advanced in New York as prices, near the lowest levels in more than two years, attracted jewellery buyers and global economic data disappointed. The jewellery demand in India and China surged as consumers rushed to take advantage of the price drop. Retail sales tripled across China on April 15-16, reported the China Gold Association. Earlier prices had hit $1321 - a two-year low - earlier this week after the biggest two-day drop in 30 years.
Crude oil jumped by more than a dollar, with dealers saying it looked oversold after losing around 9 percent this month.
Malaysian palm oil futures edged up after a drop to a four-month low, earlier in the session, lured back buyers, though gains were capped by persistent worries about the health of the global economy.
Crude oil jumped by more than a dollar, with dealers saying it looked oversold after losing around 9 percent this month.
Malaysian palm oil futures edged up after a drop to a four-month low, earlier in the session, lured back buyers, though gains were capped by persistent worries about the health of the global economy.
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