Commodity Market Outlook- Gold rose 1.1 percent!

Gold rose 1.1 percent on Monday as the dollar's rally paused and investors found value after a two-day slide caused by heightened concerns the U.S. central bank could start tapering its monetary stimulus. Bullion has fallen 10 percent since Federal Reserve Chairman Ben Bernanke said last month the U.S. economy was recovering strongly enough for the $85 billion monthly bond-buying stimulus to be reduced later this year.

Today’s Key Headlines

1) Tanaka’s Gold Sales May Exceed Buying on Japanese Demand
2) Quebec Disaster Spurs Rail-Versus-Pipelines Debate on Oil
3) Wheat Gains as Slump Lures Buyers Amid Crop Delay; Corn Advances
4) Indonesia Eases Regulation on Lead Content for Tin Shipments
5) U.S. Office-Market Recovery Stalls as Rent Growth Slows
6) Platinum Group Metals Lifted By Strike Against Amplats

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