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SuisseGold.ch expands bullion range to coins |
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Suisse Gold.ch, an online preicous metals brokerage that offers its clients the ability to invest directly into physical bullion products has expanded its range of products to include gold bullion coins and Valcambi minted ingots. Coins now available for bullion investors include American Eagles, Canadian Maple Leafs, South African Krugerrands among others. |
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Why gold price will plunge to $800 per ounce |
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Robinson, who is not a great bull on gold, says even if gold price falls to $900 or $800 per ounce, people should not complain. "For those who have invested in gold some years back, even $900 or $800 per ounce is a great price tag. So there is no room for complaints even if gold price falls to realistic levels," he added. |
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MCX bags NASSCOM Social Innovation Award |
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MCX Ltd (MCX) has won the NASSCOM ‘Social Innovation Honours–2010’ for its flagship CSO (corporate social opportunity) project Gramin Suvidha Kendras (GSKs), the rural facilitation centres set up in a joint venture with India Post. |
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Stable outlook for India's edible oils sector |
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Improved demand on rising per capita GDP, oil seed deficit due to supply-demand mismatch and reduced import duty on crude edible oils point to a stable outlook for edible oils in India, Fitch Ratings said. Edible oil companies are likely to have stable credit profiles in 2010 |
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Commodity prices to shoot up: Jim Rogers |
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Globally renowned commodities expert and investor Jim Rogers says world’s focus in the coming years is going to be on agricultural commodities and food prices. According to him, the prices of agricultural commodities and food are going to continuously rise in the coming years. “Commodity prices are going to shoot up. The challenge is that people are eating more foods these days. But the supply of food products is coming down,” he said. |
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Gold, currency futures shine at DGCX in January |
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The Dubai Gold and Commodities Exchange has reported 300% growth in total volume in January on an annualised basis. There was stronger interest in currency and gold futures which recorded volumes of 104,614 amd 42289 contracts respectively, DGCX said. |
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Global coffee output likely to dip in 2009-10 |
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Global coffee production is expected to decline by 3.6% in the crop year 2009-10 to 74.13 lakh tonnes as against 76.90 lakh tonnes in the previous year, said the International Coffee Organization (ICO).
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Fear,Gold and the Dollar |
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In the 1990s, a strong dollar was associated with a strong U.S. economy, but the current one-month dollar rally has been accompanied by a drop in the S&P 500. With most of the world’s economic growth coming in emerging markets, many U.S. companies are relying on overseas sales to drive revenue and profit growth. |
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Government likely to ban Sugar to industries |
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After a ban on Futures of Sugar, the government is ready with yet another knee jerk action. This time around Sugar is the piece of villain again. The government is contemplating ban on sugar to industries on reason you guessed right – to control price rise. |
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India says no to Bt Brinjal |
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Following wide spread opposition from across the country, India on Tuesday decided not to introduce commercial variety of Bt Brinjal. |
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Global chilli production registers modest growth |
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Chilli production in key producing countries such as India, China, Peru, Bangladesh, Hungary and few others, is growing with a modest pace at CAGR 5.2%, said a latest release from the World Spice Congress held in New Delhi. |
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Niger Delta oil reserves to disappear by 2040 |
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Africa’s largest oil producer, Nigeria is concerned on reports that its oil reserves in the Niger Delta region will dry and disappear by the year 2040. |
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Thailand to relaunch rubber expansion project |
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Thailand plans to launch the second phase of its initiative to expand rubber plantations nationwide, with a target of 1 million rai in new growing areas by 2012. |
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China recalls 170 tons of melamine-tainted milk |
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China has recalled 170 tons of milke powder in its latest crackdown on a melamine-tainted dairy product. Two companies in the Ningxia Hui area were closed on Saturday for selling tainted milk powder, while candies made with tainted milk powder were found in Jilin province |
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Crude Oil prices: A cocktail for backwardation |
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A historical analysis of the relationship between inventories, volatility and timespreads points to a flatter term structure of crude oil rpices and a steeper implied volatility term structure. With prices poised to pick up cyclically over the coming weeks, this is a cocktail for backwardation in the oil markets. |
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How IT helps AP farmers predict drought, floods |
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The natural response of villagers in times of drought and floods is to leave their crops and cattle to flee to cities. But ICRISAT in association with a woman's self help group in Andhra Pradesh demonstrates how information technology and involvement of farmers can help predict such natural calamities and deal with them |
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Equities are down, the silver lining is in earnings |
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The Wall Street has reacted sharply to President Obama's new banking regulations and tax proposals, but other factors such as Eurozone deficits and China's tight monetary policy also played a role. However, the silver lining is the strong corporate earnings reported and which markets ignored amidst the chaos |
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China 2010 coal output to hit 3.3 billion tons |
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China’s Logistics Information Center said the country will increase its coal output this year to an estimated 3.3 billion tons to keep up with the needs of the recovering domestic economy. |
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Kazakhstan oil,gas output grows by 8.4 percent |
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Oil production in former soviet republic of Kazakhstan grew by 8.4 percent in Jan-Nov 2009. |
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Gold remains highly volatile in Asia |
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Gold remains slightly up in Asian trade Tuesday but worries over fiscal stability in the Iberian peninsula and Greece hurts its sentiment. |
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Oil eases in Asia after overnight gains |
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World oil prices edged down in Asian trade Tuesday mainly on concerns over energy demand. |
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Gold
