Monday, 12 August 2013

Market Outlook - Gold rose on Friday!



Gold rose on Friday on an oil rally and falling U.S. equities, with bullion notched a second consecutive weekly gain due to uncertainty over when the U.S. Federal Reserve will reduce its economic stimulus policy. Speculation the central bank could start tapering its $85 billion monthly bond purchases as soon as next month knocked gold to a three-week low earlier this week. Coming up: U.S. Federal Budget Monday

Headlines

1)    Oil rally and falling U.S. equities help gold turn higher
2)    US wholesale inventory down, economists lower forecast
3)    Gold Rises for Third Day on Bets China Demand Will Climb
4)    Low Risk of Early Frost Seen Next Week for Canadian Prairies
5)    French Wheat Quality Surprises in North in Boost to Export Hopes
6)    Copper Pares Weekly Gain Ahead of China Industrial Output Data


Also find information about stock market, INR vs Dollar, Indian Economy, stock brokers, share market, share brokers, equity shares, equity brokers, IPO, Mutual fund, NCD, Bonds and debentures, commodities, fixed income, initial public offering, fixed deposits. Visit: - http://www.rrfinance.com/

No comments:

Post a Comment