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Commodities Briefing - Categorized | Bullion/Gold more

Asian physical demand holds key to gold

Posted on 18 November 2013

The uncertainty surrounding the timing of the US Fed tapering (reduction in the US asset purchase) decision continues to haunt the world commodity markets. Admittedly, the decision will be data-driven and recent data have raised expectation of a Fed tapering as early as December or as late as March 2014.
But the decision not to begin tapering in September resulted in some positive positioning in the market; but such positioning has by now fizzled out, experts have pointed out based on release of latest CFTC data relating to commitment of traders………………………………………..Full Article: Source


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