Gold fell on Friday as the rally after the Federal Reserve's surprise decision to maintain monetary stimulus ran out of steam, although the metal remains on track to post its biggest weekly gain since mid-
August. Prices are on course to rise 2 percent this week. Bullion leapt on Wednesday after the Fed said it was maintaining its $85 billion monthly bond-buying programme, which has boosted gold by keeping interest rates low and fuelling inflation concerns.
Key Headlines
1) WTI Set for Second Weekly Drop as Libyan Output Returns
2) Gold Cuts Weekly Advance on Slowing Physical Demand, U.S. Data
3) Palm Imports by India May Rise to Record on Oilseed Shortage
4) Onion Shortage Seen Worsening in India as Rain Delays Crop
5) Copper Heads for Biggest Weekly Rally in a Year on Fed Stimulus
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf
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August. Prices are on course to rise 2 percent this week. Bullion leapt on Wednesday after the Fed said it was maintaining its $85 billion monthly bond-buying programme, which has boosted gold by keeping interest rates low and fuelling inflation concerns.
Key Headlines
1) WTI Set for Second Weekly Drop as Libyan Output Returns
2) Gold Cuts Weekly Advance on Slowing Physical Demand, U.S. Data
3) Palm Imports by India May Rise to Record on Oilseed Shortage
4) Onion Shortage Seen Worsening in India as Rain Delays Crop
5) Copper Heads for Biggest Weekly Rally in a Year on Fed Stimulus
Read detail analysis report here: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf
RR Research provides unbiased and independent research in Stock Market, Equity, Commodity Prices, Online Share Trading, FMP, Fixed Maturity Plans, Fixed Income, Debt Market, IPOs, Mutual Funds in India, NCD, Fixed Deposits, Equity Shares, Non Convertible Debentures and Tax Saving Schemes. Know more about Gold prices, Silver Prices, and various commodity prices click here: http://www.rrfinance.com/Equity-Commodities/Equity-Commodities_Home.aspx