Gold falls amid speculation Fed scales back earlier

Source: Bloomberg
Gold lost on Thursday falling for a third straight day and trimming its monthly gain amid speculation the Federal Reserve may begin scaling back its $85 billion a month bond purchases program sooner than economists expect. Bullion for delivery in October slid 0.7% to $1,335.30 an ounce and traded at $1,335.70 as of 2:22 p.m. Singapore time.

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Thu, 31 Oct 2013 13:47:06 GMT

Wheat drops as India's exports may reduce demand for U.S. supplies

Wheat fell on Thursday declining from the weakest level in more than a four-week period amid speculations that demand for U.S. supplies may be reduced as India plans to boost its exports. Wheat for settlement in December slipped 0.3% to $6.7325 a bushel on the CBOT, the lowest level since October 1, and the prices traded at $6.74 as of

Thu, 31 Oct 2013 13:25:03 GMT

Emerging-market equities fall on lower earnings

Emerging-market shares declined on Thursday falling the most in seven days and reducing a monthly increase for the area benchmark index as companies' earnings were shy of a forecast and investors speculate the U.S. Fed may trim its bond purchases soon. The MSCI Emerging Markets Index slipped 0.6% to 1,036.24 at 4:27 p.m. Hong Kong time.

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