Commodity Online
WASHINGTON: World Bank on Tuesday said, soaring food and fuel prices are the biggest challenge for poor nations (especially in East Asia) than US financial turmoil, which i...
Commodity Online
Can you make enough energy to run a household by mixing salt water and river water? If you thought that is a bad idea, think again. Scientists in Norway and The Netherlands...
Commodity Online
MUMBAI: Do you know who holds major part of gold reserves in the world? And who decides whether to take up the gold price or not.The Gold prices have been floating on curr...
Commodity Online
CLEVELAND: World demand for biofuels will expand at a nearly 20 percent annual pace to 92million metric tons in 2011, according to a study by Cleveland based industry resea...
Commodity Online
India is a sunny country with a solar energy potential of 20 mw every square km. At present, only a tiny fraction of it is being tapped. Solar energy can be used directly in...
Commodity Online
NEW YORK : World oil prices continued their southward journey for the third consecutive day Tuesday as US stocks and dollar gained more strength overnight.The fell was de...
By Paul Tustain
Now that he's wearing some sort of do good government hat, even Hank Paulson is not thinking straight.Regulate in New York, and finance will only go to Toronto. Regulate i...
Commodity Online
NEW YORK: Gold and other precious metals tumbled to a two month low Tuesday as the US dollar and stocks gained heavily overnight.Gold hit a low of $US872.90 and was quote...
Copper futures fell as Chinese inventories rose, originating worries about lower demand from China, the top consumer of the metal in the world.
Oil futures fell on Tuesday hitting 3 days of losses as the dollar gained and forecasts predict U.S. crude inventories rose last week meaning less demand.
Corn increased on Tuesday amid concerns that U.S. farmers will plant less grain this year reducing supplies to produce animal feed and ethanol.
Wheat declined on Tuesday amid concerns that an increase of the dollar will drive farmers to plant more grain in an effort to benefit from high wheat prices.
June gold fell $33.70 to $887.80, unwinding the bull market that took prices as high as $1,038 just over two weeks ago.Grains and Cotton
July soybeans started the day lower in the ...
Treasuries fell sharply on Tuesday as investors sought out riskier investments following the announcement of capital raising plans by major banks UBS and Lehman Brothers.
Gold futures plunged below $900 an ounce in New York on Tuesday for the first time in six weeks as the dollar continued to strengthen after taking a beating while investors moved to equities on signs banks are rebounding from U.S. subprime- mortgage losses.
Commodity Online
NEW DELHI: Finally, the Indian government is taking some concrete steps to promote biofuel in the country. The government on Tuesday announced the setting up of a National B...
Commodity Online
NEW DELHI: India on Tuesday expressed concern at the increasing use of foodgrains for production of bio fuels.Stating India s position at the Third International Grain Su...
Commodity Online
NEW DELHI: The Indian government may be fighting rising inflation these days but the country's exports during February, 2008 have been impressive, according to a data relea...
Commodity Online
MUMBAI: Gold prices nosedived to a six week low level on Tuesday at the bullion market and ended at Rs 11,830 per 10 grams.The precious yellow metal dropped by Rs 460 to ...
Commodity Online MUMBAI: Gold prices nosedived to a six week low level on Tuesday at the bullion market and ended at Rs 11,830 per 10 grams.
Commodity Online BAGHDAD: Iraqi officials on Tuesday said oil output operations would be back to normal by today, after the bomb attack cut production and exports by about 100,000 barrels per day.
Commodity Online NEW DELHI: India s largest power utility, National Thermal Power Corporation Ltd (NTPC) has envisaged to generate 209000 MUs of Electricity in the financial year 2008 09.
Commodity Online MUMBAI: Following its fall globally the precious yellow metal resumed sharply lower by Rs 275 per ten grams here at the bullion market on Tuesday.
Commodity Online MUMBAI: Following its fall globally the precious yellow metal resumed sharply lower by Rs 275 per ten grams here at the bullion market on Tuesday.
Commodity Online NEW DELHI: The state run GAIL has signed a deal with the consortium of the Panna Mukta and Tapti gas fields (PMT) for marketing the natural gas produced from the PMT field.
Commodity Online NEW DELHI: In an effort to curb down heavy losses, India s major oil firms on Tuesday raised aviation turbine fuel (ATF) prices by over 13 percent.
Commodity Online NEW YORK: Gold and platinum followed oil and other commodities on a journey towards south on the last day of the previous fiscal year.
Commodity Online NEW YORK: World oil prices fell sharply on Monday as traders hunted down profits with which to close their books and on signs that a US report would show inventories rose again since the last three months.
Commodity OnlineNEW YORK: Several commodity prices tracked together today. June gold fell $15.00 to $921.50, along with the sell off in soybean and wheat prices. May crude oil closed down $4.04 at $101.58.
Gold futures dropped sharply on pressures from a stronger dollar on Monday. Silver fell.
