China's industrial profits 23.8% higher

China's IP 23.8% upper

China's industrial firms' earnings higher

China's industrial firms' profits earned for the month of March escalated 23.8% compared to the previous year, as the Chinese construction boomed thus boosting the nation's growth to multi-year highs.

China's March profits to 688.7 billion yuan

As per the National Bureau of Statistics today, March's profits climbed to 688.7 billion yuan or $99.9 billion.

The Chinese industrial profits for Q1 reached 1.7 trillion yuan rising 28.3%, much slower than the first two months' growth of 31.5%.

The nation's government minimized its economic growth target from the range of 6.5% - 7% to approximately 6.5% for 2017.

Gold rebounds in Asia

Today, the precious metal, gold, in Asia rebounded amid the investors and the traders coming in after the French election's outcome.

In the New York Mercantile Exchange on the Comex division, gold for delivery in June traded to $1,276.33 a troy ounce rising 0.28%. Copper reached $2.587 a pound falling 0.58%, and silver futures approached $17.496 a troy ounce gaining 0.37%.

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