http://www.commodityonline.com/ India's largest commodity news portal en-us Sat, 21 Nov 2009 13:13:38 GMT 60 Copyright: (C) 2007 Commodity Online India Limited. All Rights Reserved. http://www.commodityonline.com/images2008/commodity_logo.jpg http://www.commodityonline.com/ 144 27 Visit CommodityOnline.com http://www.commodityonline.com/news/Hindustan-Copper-s-discount-rate-hiked-23155-3-1.html 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. Sat, 21 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Can-silver-beat-gold-23131-3-1.html The world gets silver from silver mines and what governments and people sell. In 2008 supply crossed 28 500 tonnes. Silver mines accelerate production when prices are attractive. People and governments too sell their family silver when prices are attractive. When prices plummeted after the financial crisis last year scrap sales plummeted too. But the world also gets a huge quantity of silver as a by product of lead zinc copper and gold mines. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Will-gold-prices-surge-to-$2000-or-crash-to-$800-23141-3-1.html 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. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/World-crude-steel-ouput-rises-13-1-in-October-23145-3-1.html 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 Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Tips-for-silver-jewellery-buyers-23126-3-1.html 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. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/ICE-sets-the-trend-in-iron-ore-derivatives-23124-3-1.html 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. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Silver-prices-to-surpass-$20-soon-GFMS-23115-3-1.html Will silver outperform gold? That is the question bullion analysts have been asking all these days. Now global consultancy GFMS Ltd has come out an interim report on silver saying the white metal will surpass the $20 level soon. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Beryllium-improves-safety-by-creating-efficient-fuel-23116-3-1.html Mixed oxide fuel has the potential to solve the two major issues of nuclear fuel one of which is the tendency of nuclear fuel rods to crack before all of the energy is extracted. The other issue addressed by beryllium is improving safety by eliminating the theoretical risk of overheating. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Speculation-in-gold-futures-driving-up-prices-WGC-23089-3-1.html Gold price may be booming but demand for gold has drastically fallen thanks to the record yellow metal price says a new report from the World Gold Council (WGC). The WGC report also said speculative activity in gold futures market is keeping the yellow metal prices at higher levels. Thu, 19 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/WGC-Gold-demand-at-800-tonnes-for-Q309-23090-3-1.html According to World Gold Council (WGC) total identifiable gold demand for the third quarter 2009 reached 800.3 tonnes or US$24.7 billion in dollar terms up 15% from the second quarter as gold's long term store of value and wealth preservation qualities continued to attract investors and consumers. Thu, 19 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/China-willing-to-buy-IMF-gold-cheap-around-$800-oz-23088-3-1.html So the point of argument is that China is willing to buy IMF gold but not at the high price that India paid. Gold price may be zooming to records but China wants to wait and watch so that prices of the yellow metal crashes to realistic levels. China in fact wants to buy gold cheap around $800. Will IMF sell gold to China at $800? It will be a dream wish the part of China. Thu, 19 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Posco-to-increase-steel-plants-in-China-23093-3-1.html South Korea s leading steel maker Posco on Thursday said it plans to increase automotive steel processing centers in China as part of efforts to solidify its presence there. Thu, 19 Nov 2009 00:00:00 GMT