Market Outlook- Gold rose for a third consecutive session!

Gold rose for a third consecutive session on Wednesday, as the dollar fell ahead of minutes from last month’s Federal Reserve meeting, which traders believe will give clues on whether the U.S. central bank will soon start to reduce monetary stimulus. Bullion has lost nearly 10 percent since Fed Chairman Ben Bernanke said in June the U.S. economy was recovering strongly enough to slow the pace of the $85 billion of monthly bond purchases.

Today’s Key Headlines

  • Copper Advances as China Imports the Most Metal in Nine Months
  • Corn Erases Gain in Chicago on Outlook for Ample World Supply
  • Dollar Index Drops as Stocks Fluctuate, Commodities Rise
  • Iran’s LNG Dreams Vanish as U.S. Shale Gas Looms
  • OPEC Sees U.S. Shale Boom Eroding Demand for 2014 Crude
  • Malaysian Palm Reserves Drop to Two-Year Low on Sabah Output

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