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
- |
- Advise
- |
- Entry
- |
- Agency
- Commodity
- |
- Contract
- |
- Trend
- |
- Pivot Point
- Rubber
- July
- Sideways
- 17327
- Cardamom
- July
- sideways to Bearish
- 814
- Turmeric
- July
- Sideways
- 5661
- Soy Bean
- July
- Sideways
- 3942
- Refined Soy Oil
- July
- Sideways
- 703
- 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.
- read more
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): Higher palladium and platinum prices are what John Lee, Chairman of Prophecy Platinum Corp predicted at the Bloomberg Link Precious Metals Conference in New York.
Lee believes that investor demand will be so high that palladium prices will jump to $1000/oz this year, a 30% increase from current levels of $700/oz. On platinum, Lee believes that that the metal could in fact surpass gold once again- by a premium of 20%-30%.
A recent report by the HSBC bank adds support to Lee's prediction. The report suggests that platinum will tip to a 163,000 ounce deficit in 2012 from a 313,000 ounce surplus in 2011 while palladium shortage is expected to be 452,000 ounce in 2012 compared to a 974,000 ounce surplus in 2011. The fact that both metals will be in a significant deficit this year gives credibility to Lee's prediction.
On Tuesday, Platinum rose above gold for the first time in around 6 months. Platinum is up by about 20% this year, driven mainly by supply disruptions from South Africa, a major producer of the metal.
