Market Outlook- Gold eased to around $1,310 an ounce!

Gold eased to around $1,310 an ounce on Tuesday on prospects that the U.S. Federal Reserve will announce a modest reduction in its bond-buying stimulus at its two - day meeting. India doubled its import duty on gold jewellery to 15 percent on Tuesday, setting it higher than the duty on raw gold, which has been hiked three times this year to a record 10 percent.

Today's Headlines

1) Crude Falls for Third Day as Syria Risk Wanes
2) Gold Drops Fifth Time in Six Days on Slow U.S. Inflation
3) Japan Warned U.S. of Blackouts in Appeal for LNG Supply
4) Iron-Ore Ship Rates Rise to 33-Month High as China Demand Surges
5) Natural Gas Futures Fluctuate on Forecasts for Cooler Weather
6) U.S. Crop-Insurance Claims Jump Amid Planting Delays, USDA Says

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