http://www.commodityonline.com/ India's largest commodity news portal en-us Sat, 21 Nov 2009 13:22:41 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/$1-150-no-barrier-for-gold-23153-3-1.html Traders said the dollar s overall weak tone was due to the prospect of US interest rates remaining close to zero for some time yet. Gold hit an all time peak at $1 152.85 an ounce on Wednesday extending this year s record breaking run. Sat, 21 Nov 2009 00:00:00 GMT 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/Gold-rally-and-allocating-gold-in-your-portfolio-23148-3-1.html Many pundits point to the recent surge in gold prices as a temporary phenomenon and that once the U.S. economy gets back to growth mode gold prices will retreat. But what if this takes longer than we think? What will this do to our dollar and gold prices? Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/America-s-almond-exports-soars-23137-3-1.html While US consumer demand for almonds grew four per cent Blue Diamond s North American snack sales increased 23 per cent versus the prior year. Almond Breeze sales jumped 43 per cent and Nut thins rocketed by 24 per cent to outstrip sales growth in their respective product categories. Blue Diamond s consumer branded sales have grown 600 per cent in the last seven years. Fri, 20 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/Silver-may-go-$30-in-2010-on-investment-demand-23138-3-1.html Unlike gold silver is becoming scarcer because it is used in so many various products such as cell phones flat screen televisions batteries bearings soldering catalysts photography and solar energy production. Silver is used in such small amounts in the various electronic devices that it is not economical to try and recycle the silver used in the component Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/World-s-biggest-ship-Oasis-of-the-Seas-set-for-sail-23133-3-1.html At 225 000 tonnes Oasis of the Seas is by far the largest cruise ship ever built. Longer than New York City s famed Chrysler Building Oasis is so big that it has neighborhoods such as Central Park Royal Promenade and the Boardwalk. Like a city at sea each neighborhood has its own unique personality along with numerous attractions that everyone onboard can enjoy such as the huge Aqua Theater an amusement park an ice skating rink and countless other innovations that you would never expect to find on a cruise ship. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Gold-is-above-its-historical-peak-23117-3-1.html 'Fundamentally price rise in gold is linked to US economy which is still not in good shape resulting into weakening of dollar against other international currencies. The result is price rise in gold in dollar terms. Gold is above its historical peak so there could be correction in prices but such corrections would be more technical in nature ' says Anjani Sinha CEO of Indian Bullion Market Association. Fri, 20 Nov 2009 00:00:00 GMT http://www.commodityonline.com/news/Commodities-move-up-in-Oct-time-to-invest-is-now-23125-3-1.html Commodity indices have performed well in recent times. The Dow Jones UBS Commodity Index Total Return gained 3.28% in October as a result of positive performance from all the sectors. This is the right entry point into the asset class according to Credit Suisse 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/Indonesia-rice-soybean-output-to-exceed-target-23143-3-1.html Rice production in Indonesia is expected to hit 64 million tons according to country s agriculture ministry. Fri, 20 Nov 2009 00:00:00 GMT