Record high local Gold prices have apparently had no dampening effect on Gold demand in India recently – quite the contrary, Commerzbank's commodity analyst Carsten Fritsch notes.
Nevertheless, there was a surplus of 570,000 barrels per day in China in September when crude Oil processing data is compared with crude Oil import and domestic crude Oil production data, Commerzbank's commodity analyst Carsten Fritsch notes.
EUR/USD is virtually unchanged during Monday’s North American session, slightly down 0.05% at around 1.1643 after hitting a daily high of 1.1675 amid a scarce economic docket in the US.