Gold inched lower on Tuesday as the dollar rose on signs of progress in the U.S. fiscal standoff, while investors' hopes increased that a U.S. debt default will be avoided. Gold importers in India started processing orders to re-stock ahead of the peak wedding and festival season and after the customs department cleared remaining consignments at a major airport. U.S. shutdown in second week looks set to continue China's return from holiday supports prices.
Today's Key Headlines
1) China's net gold purchases from Hong Kong fell 5 percent in August from the previous month, but were still healthy at 110.5 tones.
2) WTI Oil Trades near Week’s Low Before Stockpile Data
3) CME Planning Aluminum Contract to Compete With LME
4) Copper Rises in London as PMI Report in China Signals Growth
5) Palm Oil Climbs to Three-Week High as U.S. Soybean Crop Delayed
For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf
Today's Key Headlines
1) China's net gold purchases from Hong Kong fell 5 percent in August from the previous month, but were still healthy at 110.5 tones.
2) WTI Oil Trades near Week’s Low Before Stockpile Data
3) CME Planning Aluminum Contract to Compete With LME
4) Copper Rises in London as PMI Report in China Signals Growth
5) Palm Oil Climbs to Three-Week High as U.S. Soybean Crop Delayed
For detail analysis report please visit: - http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf