Bullion:
Correction to continue Despite the US federal budget deficit widening in October to
$49.3 billion from $47.3 billion a year ago, bullion continued to
fall. Japan's Q3 gross domestic product (GDP) at 2% against an
expectation of 1% has triggered talks of a rate hike. There was
hardly any news impacting the precious metals, but the weaker base
metals induced selling pressure in
gold.