Commodity Market News and Fundamental Review

News Highlight

GOLD FIRMS AHEAD OF FED MEETING.

OIL STRUGGLES TO REGAIN $83 PEAK.

INDIA COPPER EXTENDS GAINS TRACKING OVERSEAS MKTS.

CHANA CLOSED DOWN ON PROFIT BOOKING.

Fundamental Review

GOLD ROSE ON MONDAY AS UNCERTAINTY HIT THE MARKET AHEAD OF A U.S. FEDERAL RESERVE POLICY MEETING THIS WEEK, WITH SOFT ECONOMIC DATA SPARKING SPECULATION THAT THE FED MAY ANNOUNCE ADDITIONAL MONETARY EASING MEASURES.

INDIA COPPER FUTURES EXTENDED GAINS FOR A SECOND SESSION ON MONDAY EVENING TRACKING FIRM OVERSEAS LEADS, WHERE A DROP IN INVENTORY SUPPORTED THE RED METAL.