1.Iran crude oil exports to hit 5-month low in December, source says -
2. Fed set to hike rates, policy outlook now hinges on Trump presidency -
3. India government body not in favour of safeguards on unwrought aluminium -
Gold firm as dollar catches breath ahead of Fed rate decision
BENGALURU - Gold prices edged higher on Wednesday on a weaker dollar and as markets waited for the outcome of the U.S. Federal Reserve's policy meeting later in the day. Spot gold was up 0.3 percent at $1,161.73 an ounce by 0633 GMT and U.S. gold futures were 0.4-percent higher at $1,163.70.
Copper treads water ahead of Fed meeting
Copper futures were trading lower during evening trade in the domestic market on Tuesday as investors and speculators trimmed their positions in the industrial metal on looming worries over an imminent interest rate
hike by the US Federal Reserve in a key meeting that begins later in the day.
The US Fed is widely expected to raise interest rates in a two-day meeting on December 13-14, Iran crude oil exports to hit 5-month low in December, source says
TOKYO - Iran's crude oil exports in December are set to fall 8 percent from November to a five-month low, a source with knowledge of its preliminary tanker schedule said, as lower shipments to China and others in Asia offset bumper exports to Europe.
capitalstars