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..
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LONDON (Commodity Online): With a stronger dollar weighing down on sentiments, gold's 1% uptick was sealed even as Middle East simmered and Moody's downgraded France's credit rating. At the mid price of $1733.65 as of 11.43 am IST, spot gold prices are relatively steady.
On the Comex, Gold for December delivery climbed 0.05% and touched $1733.55 as of 11.45 am IST. On India's MCX December gold was seen trading at Rs.31725 a gain of 0.09%.
Moody's has stripped France off its coveted AAA rating citing uncertain fiscal outlook and deteriorating economy.
Meanwhile, reports suggest that US home resales climbed in October and homebuilder sentiment-gauge hit a a six-year high in November, bringing some cheer and lending upside to dollar.
The Bank of Japan is poised to keep its monetary policy on a loose leash even as its likely next Prime Minister is expected to continue with "unlimited" easing.
Also, Israeli leaders are weighing the pros and cons of sending tanks and infantry to Gaza after six days of battles which saw death of scores of Palestinians.
