Tuesday, October 16, 2012

DailyMarkets.com - Gold May Recover On US Inflation Pickup, Oil Looks To CSX Guidance

DailyMarkets.com - Gold May Recover On US Inflation Pickup, Oil Looks To CSX Guidance


Gold May Recover On US Inflation Pickup, Oil Looks To CSX Guidance

Posted: 15 Oct 2012 11:52 PM PDT

Gold may rise as a pickup in US CPI stokes inflation-hedge demand while crude oil looks to Industrial Production data and guidance from CSX Corp for direction.
Talking Points

Commodities Tread Water Overnight, Ignoring Risk Appetite Swell in Asia
Gold, Silver May Rise if Higher US CPI Print Stokes Inflation-Hedge Demand
Crude Oil and Copper Set Sights on US Industrial Production, CSX Earnings

Commodity prices are treading water in overnight trade, looking past a reactionary rally across Asian … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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