Posts Tagged ‘commodities’

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Commodities: Gold to rule the roost in 2012

Gold was the winner in the global market of widely traded commodities this year and is likely to be stronger than other commodities in 2012. Full story

Court orders world’s largest gold producer to pay $140,000 for death of miner at Belle Mine

Posted 12/22/2011 11:52 PM by from International Business Times in Investing, Commodities 0 comments | Like itDon't like it The Perth Magistrates Court fined Barrick Gold on Thursday $140,000 for the death of miner Daniel Williams in August 2009. Mr... Full story

Palladium beats others as US car sales expand

Palladium, used mostly in catalytic converters for vehicles, beat most other commodities this week after US car sales expanded at the fastest pace in more than two years. Full story

Barclays analysis says precious metals may handle downturn best

Barclays analysis says precious metals may handle downturn best
Gold, silver, platinum and palladium, as well as other commodities, generally stand a better chance of handling a global economic downturn than other types of investments, Barclays Capital said Monday. While the investment house does not expect a repeat of 2008, it says commodities "are on a very different footing" from two years ago primarily because commodities prices are falling this year from a much ... Full story

Stocks end on uptickafter brutal week of selling Stocks have closed a brutal week on a quiet note. The market rose slightly today after bouncing…

Stocks end on uptickafter brutal week of selling Stocks have closed a brutal week on a quiet note. The market rose slightly today after bouncing...
Stocks have closed a brutal week on a quiet note. The market rose slightly today after bouncing between gains and losses. Full story

Gold falls to one-month low in commodities sell-off

Gold falls to one-month low in commodities sell-off
Gold prices fell to a one-month low on Friday to $1,719.29 a troy ounce, having earlier traded as low as $1,715.94, hit by a sell-off in the commodities complex as the dollar pared earlier falls. Gold prices fell to a one-month low on Friday, hit by a Full story

Namibia abandons draconian mine tax plans

Namibia abandons draconian mine tax plans
A day after news of an onerous new mining royalty and taxation regime in Peru, Namibia, the world’s biggest miner of offshore diamonds and a top four uranium producer, drops plans for a huge jump in the corporate tax rate for miners and mineral export levies. Deputy Finance Minister Calle Schlettwein said on Wednesday, the country has withdrawn a proposal to increase the tax on ... Full story

UAE’s first gold bullion coin proposed as a legal tender

UAE's first gold bullion coin proposed as a legal tender
UAE's gold bullion coin features HH Sheikh Khalifa's portrait on one side and Burj Khalifa on the other. Full story

Summary Box:Commodities fall on economic worries

Summary Box:Commodities fall on economic worries
Share: BROAD DECLINES: Commodities fell broadly as signs of a slowing global economy heightened concerns about demand for oil, industrial metals and agriculture products. The only gains were in gold and silver. ECONOMIC BLUES: Factory orders fell in Full story

Silver and coal top commodities H1; strong outlook for gold in H2 – Frank Holmes

Silver and coal top commodities H1; strong outlook for gold in H2 – Frank Holmes
Click here to read the whole story or read an excerpt below. By Frank Holmes Commodities don’t all perform in the same way. Full story
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