Thursday 3 October 2013

Market Outlook- Investors booked profits on Gold!

Gold fell on Thursday, as investors booked profits after the previous session's gains due to uncertainty about a partial U.S. government shutdown and slow demand in key physical markets. Shutdown could delay stimulus tapering-Fed official Physical demand remains subdued in Asia Iron Ore Exports from Port Hedland Climb as China Purchases More.

Headlines

1) WTI Drops on Concern U.S. Shutdown May Curb Fuel Demand
2) Copper Declines as U.S. Government Shutdown Enters Third Day
3) Wheat Rises as Rain Slows Winter Planting from Ukraine to Russia
4) Sugar Falls in New York for First Time This Week; Cocoa Climbs
5) Palm Drops for Second Day as Malaysian Output Rises, Oil Slides

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