On July 1, India's Prime Minister Manmohan Singh would convene a meeting of the respective...
Similar to that of Bernanke, Bank of England Governor Mervyn King's comments too can .. 
In a very general sense, the producers will benefit much more quickly from a rebound in th.. 
- Commodity
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- Contract
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- Trend
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- Pivot Point
- Rubber
- July
- Sideways
- 17288
- Cardamom
- July
- sideways to Bearish
- 789
- Turmeric
- July
- Sideways
- 5625
- Soy Bean
- July
- Sideways to Bullish
- 3941
- Refined Soy Oil
- July
- Sideways to Bullish
- 702
- Gold to be mixed ahead of US Fed announcement
- Taking cues from rise in gold prices along with upside in the base metals complex, Spot silver prices gained around 0.1 percent today. However, sharp upside in prices was prevented on account of strength in the DX.
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According to market sources, turmeric price in the Nizamabad spot market stood at Rs 5,600-5,700 ..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
NEW YORK (Commodity Online): In one of the highest predictions yet made by an investment bank analyst, Bank of America's MacNeil Curry sees gold prices hitting $7000/oz before ending the uptrend.
According to MacNeil, commodity bull markets end with a massive speculative blow off and they don't end quietly. If gold was topping out, the daily ranges would have span around $200/oz and we have not seen anything like it.
"Until we see price action take some kind of massive speculative blow-off, where prices effectively double in a year or less, I have to maintain a long-term bullish bias. That says to me, we'll probably see a move in gold, before all is said and done, to between $3,000 to $5,000 (per ounce) and potentially $7,000 per ounce”, Economic Times quotes the analyst from the Market Technicians Association symposium last week.
There have been other analysts who have predicted massive surge in Gold's value. When the US went off the gold standard, prices went up from $35/oz to $800/oz. Equating the same performance in the current gold market, gold prices will have to rise to $5000/oz from its base of $250/oz. Predictions of $10,000/oz have also been doing rounds, the figure arrived from calculations of existing global money supply.
