|
|
| |
Diamonds, pearls & gems to adorn Shilpa’s wedding dress |
|
| |
Shilpa’s wedding trousseau is a topic of much interest for writers and fans. Her complete trousseau has been done up by famous designer Tarun Tahiliani. He has given her the traditional wedding colour red for her nuptials. The saree has been embellished with rubies and special pearls from Swarovski. |
|
|
| |
Commodity Trends:Poor rains but FMCG sells more |
|
| |
Food inflation continues to be high as poor monsoon rains have taken a toll on crop output but it hasn't affected the rural demand for fast moving consumer goods. NCDEX launched the futures trading in platinum to widen its presence in metals segment |
|
|
| |
Silver may beat gold to better returns |
|
| |
A few far-sighted investors are not bothered about the gold-silver connection. Instead, they are putting their faith in silver’s physical demand-supply fundamentals. Though demand for silver to make photography films has sharply dropped in the age of digital cameras, these investors believe supply would not keep pace with total industrial demand in the coming years. While a lot of above-ground silver would continue to re-enter the production cycle each year, investors are hopeful the world will find new commercial uses to suck it out too. |
|
|
| |
Bullion: $1,150 is no barrier for gold |
|
| |
Traders said the dollar’s overall weak tone was due to the prospect of US interest rates remaining close to zero for some time yet. Gold hit an all-time peak at $1,152.85 an ounce on Wednesday, extending this year’s record-breaking run. |
|
|
| |
'Gold to get harder between here and $1650' |
|
| |
I would like to reiterate that it is only going to get harder between here and $1650 and after on the way to Alf and Armstrong’s numbers. Swings can be hundreds of dollars from high to low in single days. |
|
|
| |
JFE-JSW deal to spell boom for Indian steel sector |
|
| |
This move, according to major business dailies of India, could serve as a template for future deals, involving foreign steel companies in the sector. It came barely a day after the government cleared ArcelorMittal’s Rs 500 crore FDI proposal to acquire a 35 per cent stake in Mumbai-based steelmaker Uttam Galva. |
|
|
| |
China sees platinum & wedding boom |
|
| |
Johnson Matthey, the UK-based company, said in a report published earlier this week that Chinese jewellery would this year absorb 1.75m ounces of platinum, 80 per cent more than in 2008 and almost a third of all that sold in the market this year. |
|
|
| |
Hindustan Copper’s discount rate hiked |
|
| |
Hindustan will expand its retail focus on smaller customers. They constitute nearly 95% of the firm’s customers and typically buy anywhere between 1 and 100 tonne of the material. For Hindustan Copper, a big customer is someone who buys more than 500 tonne of materials. However, such customers are a few in numbers. |
|
|
| |
America’s almond exports soars |
|
| |
While US consumer demand for almonds grew four per cent, Blue Diamond’s North American snack sales increased 23 per cent versus the prior year. Almond Breeze sales jumped 43 per cent and Nut thins rocketed by 24 per cent to outstrip sales growth in their respective product categories. Blue Diamond’s consumer branded sales have grown 600 per cent in the last seven years. |
|
|
| |
Gold rally and allocating gold in your portfolio |
|
| |
Many pundits point to the recent surge in gold prices as a temporary phenomenon and that once the U.S. economy gets back to growth mode, gold prices will retreat. But what if this takes longer than we think? What will this do to our dollar and gold prices? |
|
|
| |
Silver may go $30 in 2010 on investment demand |
|
| |
Unlike gold, silver is becoming scarcer because it is used in so many various products such as cell phones, flat screen televisions, batteries, bearings, soldering, catalysts, photography and solar energy production. Silver is used in such small amounts in the various electronic devices that it is not economical to try and recycle the silver used in the component |
|
|
| |
Will gold prices surge to $2000 or crash to $800? |
|
| |
2008 was the year of credit bubbles, in the United States and rest of the world. Will 2010 be an year of bullion bubble? Will gold price, instead of going up to $2000 per ounce as predicted by Jim Rogers, plunge to $800? Some bullion analysts believe and insist that gold prices will fall, that too drastically. So should we wait for $2000 gold or $800 gold? Will gold crash to $800 or surge to $2000? Remember the crash of 1978-79 when gold, crude oil and diamond prices went up and suddenly crashed down.
|
|
|
| |
World’s biggest ship Oasis of the Seas set for sail |
|
| |
At 225,000 tonnes, Oasis of the Seas is, by far, the largest cruise ship ever built. Longer than New York City’s famed Chrysler Building, Oasis is so big that it has “neighborhoods” such as Central Park, Royal Promenade and the Boardwalk. Like a city at sea, each neighborhood has its own unique “personality” along with numerous attractions that everyone onboard can enjoy, such as the huge Aqua Theater, an amusement park, an ice-skating rink and countless other innovations that you would never expect to find on a cruise ship. |
|
|
| |
'Gold is above its historical peak' |
|
| |
'Fundamentally, price rise in gold is linked to US economy, which is still not in good shape, resulting into weakening of dollar against other international currencies. The result is price rise in gold in dollar terms. Gold is above its historical peak, so there could be correction in prices, but such corrections would be more technical in nature,' says Anjani Sinha, CEO of Indian Bullion Market Association. |
|
|
| |
Commodities move up in Oct, time to invest is now |
|
| |
Commodity indices have performed well in recent times. The Dow Jones-UBS Commodity Index Total Return gained 3.28% in October as a result of positive performance from all the sectors. This is the right entry point into the asset class, according to Credit Suisse |
|
|
| |
World crude steel ouput rises 13.1% in October |
|
| |
World crude steel production has risen 13.1% in October at 112 mn metric tonnes on an annualised basis. This the second month in a row, positive production growth figures are being reported after September 2008, according to World Steel Association |
|
|
| |
Indonesia rice, soybean output to exceed target |
|
| |
Rice production in Indonesia is expected to hit 64 million tons, according to country’s agriculture ministry. |
|
|
| |
Should you trade in commodities or stocks? |
|
| |
There are debates whether trading in commodities are better than trading in stocks. Though this debate will continue for ever, logically the tilt has always been towards commodities which are forever because they are consumed as much as they are planted, harvested and produced each year. |
|
|
| |
India’s gold Q3 demand down by half: WGC |
|
| |
According to the World Gold Council, demand for gold in India has come down by 49 per cent the third quarter this year over the corresponding period last year. “In India,...the exceptionally strong Q3 ’08 levels saw demand down by 49 per cent in Q3 ’09 comparisons” as high prices and a poor monsoon impacted on consumer spending and confidence, the WGC said in a press release. |
|
|
| |
Tips for silver jewellery buyers |
|
| |
When choosing which type of necklace to wear, a significant part of the deciding factors will be based on the shirt that is being worn. For instance, a turtleneck will typically require an 18 or longer necklace. An open neckline, such as that found on a V neck, square neck or even a button up shirt will accommodate any length of necklace that can be comfortably worn and easily seen. |
|
|
| |
ICE sets the trend in iron ore derivatives |
|
| |
Intercontinental Exchange (ICE) is all set to change the way iron ore will be traded as it launches iron ore swaps contract on December 2 in association with Platts. ICE OTC cleared iron ore contract based on the well-regarded Platts Iron Ore Index. |
|
Gold
