Theoretically, it would be a rare incident if gold could go below $1200/oz, its cost of pr...
The firm has also achieved all the targets in the production of Bank Notes, Coins, Securit.. 
Mark Thoma is a macroeconomist and time-series econometrician at the University of Oregon... 
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- Precious, base metals, Crude Oil may trade negative on weak global sentiments
- Taking cues from decline in spot gold prices coupled with weak global market sentiments, Spot silver prices decreased by 0.53 percent today. However, favourable economic data from Germany along with weakness in DX cushioned sharp fall in the prices.
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The USDA forecasts 2013/14 Canada rapeseed production at 14.5 million tons, up 9 percent from las..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
LONDON (Commodity Online): A global financial services firm Morgan Stanley (NYSE: MS) said that copper in 2013 will have a higher annual average price versus 2012, saying it disagrees with the growing market perception of a looming supply glut that will detrimentally affect the red metal price.
Copper prices closed above $7,800 per tonne on the London Metal Exchange for the first time in over two weeks on Monday with $200 added to the previous close as markets bought riskier assets.
“While we certainly identify the beginnings of an impending supply response, we remain skeptical about the industry's ability to deliver on its current timetable of incremental and greenfield capacity growth,” the New York based firm added.
“The copper price has traded above the marginal cost since 2004, and in our view, will continue to do so while supply faces structural headwinds,” Morgan Stanley concluded.
Three-month copper added 2.6% on a close-to-close basis on Monday, finishing the day at $7,804 per tonne, the highest level since November 1.
