Spot gold fell 0.9% to $3,328.63/oz by 2:00 p.m. EDT after dropping over 1% earlier. US gold futures closed 0.4% higher at $3,342.90.

SINGAPORE -- Singapore's financial regulator on Friday slapped penalties totaling 27.45 million Singapore dollars ($21.5 million) on major banks for shortcomings in preventing a SG$3 billion money ...

Rupen Rajguru of Julius Baer suggests India's economic outlook is positive. Government and banks' balance sheets are healthy.