Market Outlook- Gold Edged higher on Friday!

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Gold edged higher on Friday, staying on track for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy. Bullion has gained nearly 10 percent in three weeks – its biggest such winning streak in nearly two years – after the Federal Reserve assured financial markets it would only start phasing out its stimulus when it was sure the U.S. economy was strong enough to stand on its own.

RR Financial Consultants‘s insight:

Headlines

1)      Silver Vault 200 Tons Starts in Singapore as Wealthy Buy

2)      Hedge Funds Raise Gold Bets as Goldman Sees Decline

3)      WTI Trades near Two-Week Low as Discount to Brent Crude Widens

4)      Coffee Exports From Indonesia Seen Slumping as Beans Rot in Rain

5)      Copper Declines Three-Week Low on Concern China Demand Slowing

6)      Iron Ore Rally Enters Bull Market as China Rebuilds Inventories

Read detail story here: – http://www.rrfinance.com/reserch/MorningBell/Cm_MorningBell.pdf

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