LONDON(Commodity Online): The Gold prices are
bouncing off a weak floor though last week there was an upside push last
prompted by the Middle East and Ukraine tensions, according to a
Barclays report. SEE MORE Gold purchases by retail customers in Vietnam, the world's
seventh-largest gold consumer, fell 42 percent year-on-year to 19.3
tons in the April-June quarter, according to the latest World Gold
Council report. SEE MORE Natural gas futures rose in New York after the government reported that U.S. stockpiles increased less than analysts predicted. SEE MORE The methods local authorities are using to calculate the gross domestic
product (GDP) are inaccurate and impractical, and not used in any
country in the world, the Prime Minister said at a Ministry of Planning
and Investment’s conference held on August 7. SEE MORE Brent crude fell to its lowest intraday level in 13 months after slower
industrial output and a plunge in new credit indicated the recovery is
at risk in China, the second-biggest oil user. West Texas Intermediate
was steady. SEE MORE