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Gold futures steady near record highs (20 November 11:07) |
| The most-traded December contract was Rs17,212 per 10 grams, down 0.11% at 10:46am, after hitting a low of Rs17,204 in early deals |
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Oil steady at below $78 traders seek fresh cues (20 November 10:20) |
| Crude prices have swung with the dollar this week, jumping over $3 on Monday and then shedding over $2 on Thursday |
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Bengals tea gardens begin to shed sick tag (19 November 10:00) |
| Most of the gardens have huge liabilities, but new owners are betting big on tea prices firming up |
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India gold retreats triggers demand pick-up (19 November 03:52) |
| The most-traded December gold contract was 0.05% higher at Rs17,114 per 10 grams at 3:42 pm, after hitting a high of Rs17,197 earlier |
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Gold demand falls 34 in Q3 World Gold Council (19 November 01:07) |
| But speculation in gold futures and expectations for more official sector bullion buying are keeping prices elevated despite a dearth of physical demand, according to the WGC’s investment ... |
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Crude drifts below $80 watching dollar (19 November 09:28) |
| The greenback was steady against a basket of currencies, while unseasonably warm weather in the northeastern United States implied soft demand for heating oil |
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Gold sets a new record shares edge up in Asia (18 November 09:27) |
| Metal up 30% so far in 2009, driven by dollar weakness and a hunt for alternative hedge assets against inflation |
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Oil rises towards $80 after US crude stocks draw (18 November 03:39) |
| Indicators on Wednesday include US consumer prices, real weekly earnings and housing starts for October |
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Gold demand abates on record high prices (18 November 03:18) |
| The yellow metal has been on a record-breaking spree, with most record highs recorded this month, on the back of a weaker dollar overseas |
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Gold hits new record but falls back to $1140 (18 November 11:34) |
| Federal Reserve Ben Bernanke made a rare comment on Monday about the value of the dollar, drawing a link between its current weakness and inflation risks |
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India gold futures steady near record Rs17000 level (18 November 11:27) |
| The most-traded December contract was 0.04% lower at Rs17,015 per 10 grams at 11:02am, after hitting a record high of Rs17,040 in late session on Tuesday |
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Gold futures steady near record 17000 level (18 November 11:23) |
| The most-traded December contract was 0.04% lower at Rs17,015 per 10 grams at 11:02am, after hitting a record high of Rs17,040 in late session on Tuesday |
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Oil rises after big US crude stocks draw (18 November 10:27) |
| US crude for December delivery rose 24 cents to $79.38 a barrel by 9:46am, adding to Tuesday’s gains of 24 cents |
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Gold at Rs17000 level attract scrap sales (17 November 02:37) |
| A weak dollar also enhanced its appeal as an alternate investment |
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Gold makes new record breaches 17000 level (17 November 11:56) |
| A weak dollar also enhanced its appeal as an alternate investment |
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Oil sheds some gains eyes dollar data (17 November 10:41) |
| Oil prices rallied on Monday as a weaker dollar encouraged hedging activities, while better-than-expected US consumer spending data also buoyed hopes of energy demand recovery |
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Asian coal traders risk overexposure on freight (16 November 11:23) |
| Coal prices have risen to a 12-month high this month on demand from India, China |
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Gold will never fall below $1000 an ounce Faber (16 November 11:03) |
| Gold at this level is a better buy than it was at $300 per ounce in 2001 |
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Gold advances to record high as investors seek dollar alternative (16 November 08:36) |
| The metal advanced to a record $1,128.75 an ounce in the morning fixing in London from $1,104 at the afternoon fixing on 13 November |
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Gold hits record on weak dollar technical momentum (16 November 04:19) |
| Further weakness in the dollar could fuel further buying of the precious metals, as funds turn to hard assets as an alternative to the US currency |
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Oil advances 14 to above $77 on dollar weakness (16 November 02:51) |
| A weaker dollar typically supports oil because dollar-priced commodities become cheaper for buyers using other currencies |
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India gold traders stay away on new records (16 November 02:43) |
| The US dollar drifted lower in Asia, heading into a week that is likely to see increased rhetoric on currencies from both China and visiting US President Barack Obama |
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India gold futures at fresh record high (16 November 12:43) |
| The US dollar drifted lower in Asia, heading into a week that is likely to see increased rhetoric on currencies from both China and visiting US President Barack Obama |
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Gold hits record above $1130 on weak dollar (16 November 12:21) |
| Gold has pierced record highs for 7 days out of the past 10 sessions, during which it has risen more than 6% |
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Gold trades near record high on weak dollar (16 November 10:46) |
| The US dollar drifted lower in Asia, heading into a week that is likely to see increased rhetoric on currencies from both China and visiting US President Barack Obama |
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Asian shares rise on record high gold (16 November 10:41) |
| Gold punched a record above $1,126 an ounce, and sending platinum to its highest level since September 2008, as the dollar dipped 0.3% against a basket of currencies |
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Oil rebounds above $77 on dollar weakness (16 November 09:14) |
| A weaker dollar typically supports oil because dollar-priced commodities become cheaper for buyers using other currencies |
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Gold consumption may remain steady at 800-850 tonnes in 2009 (15 November 12:49) |
| In 2009, the country may import less gold but the consumption for gold jewellery and investment purposes would remain steady |
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Gold falls from record highs silver slips (13 November 07:37) |
| The standard gold fell by Rs180 per 10 grams to close at Rs16,700 from its previous closing level of Rs16,880 |
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Hindustan Copper to decide on smelter soon (13 November 06:50) |
| Hindustan Copper will decide by the end of November if it wants to re-open its smelter in Rajasthan, its CMD said |
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India in first wheat import deal since 07 (13 November 04:04) |
| “Our company has sold some wheat in containers to India,” said a Singapore-based trader. “I have done some deals today” |
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Oil below $77 on bearish stocks data dollar rebound (13 November 11:34) |
| The bounce in the dollar fuelled profit-taking in commodities such as gold and oil, while a fall in Asian equities supported the dollar as a safe haven trade |
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Gold eases from record highs on profit-taking (13 November 11:18) |
| A strong dollar dims the yellow metal’s appeal as an alternative investment |
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Services code puzzles makers of consumer goods (12 November 09:46) |
| With time has come the realization that the products business has better “visibility” compared with the service business, which requires years of investments before the returns come |
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Global oil demand returns to growth in Q4 IEA (12 November 03:47) |
| Next year oil demand is expected to average 86.2 million bpd, following stronger-than-expected preliminary data in North America and buoyant demand in non-OECD Asia and the Middle East, the ... |
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Gold at record highs spur more scrap sales (12 November 02:20) |
| The most-traded gold December contract on the Multi Commodity Exchange struck a fresh record of Rs16,884 in the afternoon trade |
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Gold rises to fresh record on global leads (12 November 10:14) |
| The near-month December contract touched a fresh record at Rs16,860 per 10 grams in early deals |
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Oil steady above $79 eyes on US oil data dollar (12 November 09:17) |
| The US Energy Information Administration data, delayed by one day due to the US Veteran’s Day holiday, is expected to show a 600,000 barrel increase in crude stockpiles in the world’s to... |
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Commodities Cotton seen doubling on Chinese demand (11 November 11:07) |
| Shipments in the year that started 1 October may exceed seven million bales of 170kg each, compared with 3.3 million bales a year earlier |
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Gold advances to a new high as dollar takes another beating (11 November 09:59) |
| Metal gains 5.6% in the past month in London with Dollar Index down 1.8% and India, Lanka making bullion buys |
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Brazilian acquisition secures raw sugar supplies for Shree Renuka Sugars but debt goes up too (11 November 09:49) |
| Shree Renuka Sugars’ acquisition of a Brazilian sugar company, Vale Do Ivai S.A. Acucar E Alcool, is a step in securing raw sugar supplies for its refining operation |
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Cement prices head southward on poor demand and oversupply (11 November 09:25) |
| Due to poor demand and oversupply, cement prices fell by nearly Rs15-23 per bag in the south in the last fortnight |
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Gold traders at bay on record high prices (11 November 02:48) |
| The gold contract on the MCX made a new record high of Rs16,784 in afternoon trade |
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Gold futures rise to record on global cues (11 November 10:13) |
| The front-month December contract touched a record Rs16,749 ($359) in early trades. It was trading at slightly lower at Rs16,724 at 10:14am |
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Oil drops to $79 as hurricane weakens (10 November 03:05) |
| Hurricane Ida, the first real weather threat to oil production of the 2009 season, was downgraded to a tropical storm on Monday, but production remained curtailed as producers awaited its pa... |
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Gold traders trickle in as prices ease (10 November 02:23) |
| The most-traded December gold contract was 0.15% lower at Rs16,592 per 10 grams at 2:19pm |
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Oil below $79 as storm Ida fears abate (10 November 09:03) |
| A surge in global equities that cemented hopes of an economic recovery and a sharp fall in the US dollar helped temper oil’s drop |
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Gold breaches $1100 on global cues (09 November 08:24) |
| The dollar weakened broadly on Monday after a Group of Twenty meeting and US jobs data did little to alter the view that US interest rates will stay low for the foreseeable future, offering ... |
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India gold traders put off by record prices (09 November 02:32) |
| Gold prices on the Multi Commodity Exchange stood at Rs16,684 per 10 grams at 2:17pm, after hitting a record of Rs16,703 earlier in the session |
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Gold futures rise to record high (09 November 11:56) |
| The front-month December contract touched Rs16,690 ($358.23) per 10 grams at around 11:48am, and then extended gains to Rs16,692 |
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