Posts Tagged ‘commodity’

Three golden conditions to kick start commodities, again Read more : commodity rally,commodities,commodity prices,gold,silver,copper Commodity Online Three conditions need to be met for commodities to make a sustained recovery from their recent losses:... Full story

Gold for December delivery had shed $40 or more than 2% by lunchtime coming close to breaching the $1,600/oz level in New York before before regaining some ground to trade at $1,618 an ounce by early afternoon. Traders said the metal is likely to remain a “dead trade” until it can resume its role as a fear barometer and is able to rally in face ... Full story

(Kitco News) - Speculative traders returned as gold buyers in U.S. futures and options, according to U.S. Full story

Investors desperately seeking diversification amid all the volatility in stocks both in the U.S. and abroad found some salvation in commodities last month as 15 of 19 constituents in the Dow Jones-UBS Commodity Index gained ground Full story

(Kitco News) - Speculators snapped up significant bullish U.S. Gold futures and options, according to U.S. government data released late Friday Full story

Shreekant Jha, managing director of PJ Commodity Ventures said, it is time to buy gold. Full story

AFRICAN countries are moving to grab a bigger slice of their commodity wealth as rivalry for the world’s remaining reserves of iron ore, uranium and gold sap the bargaining power of companies such as Anglo American. Full story

Money managers raised bullish bets in COMEX gold futures and options to the highest level since the week of April 24, as bullion climbed to within $20 of its record during the period, data from the Commodity Futures Trading Commission showed Friday. Full story

LONDON: Commodity prices are falling across the board as concerns about global demand overshadow the possibility that Greece may avoid a default on its debt. Prices for oil, manufacturing metals and many agriculture products settled lower Friday. Full story

Gold holds near $1540 per ounce mark in electronic trades today, witnessing a thin sideways movement as strength in the US dollar cut the gains for the commodity while weakness in most commodity counters also kept sentiments under check. The US dollar Full story