IBT Staff Reporter

Commodity Online NEW YORK: The strengthening US dollar and sliding oil prices has severely affected gold s value for the last couple of days the world over.

Commodity Online NEW YORK: In a surprising turnaround of events world oil prices continued to slip further down on stronger dollar and weaker demand.

The $95 price drop in gold this past week is therefore nothing short of a gift. Next stop: $2,000 gold.

OPEC President Chakib Khelil said over the weekend that he expects the price of crude oil to range between $80 and $110 per barrel in 2008.

The dollar continued to rebound versus the yen, edging up to 100.84, in a holiday-thinned Monday session – with Europe and Asia still closed for the Easter holiday. Economic data released earlier today also provided support for

The market for gold and other commodities is cooling and it is the dollar that has gained the most. The Reuters CRB Commodity Index is down 8.4 per cent over last one week.

The Fed is thought to have about as much control of the current situation as a trucker does whose brakes have failed halfway down a steep canyon he doesnt have control, he has influence.

By Tom WhippleIn India, strong demand growth and high profit margins have given the country the leeway to absorb a part of input cost hikes in the past.

Commodity Online NEW DELHI: Energy giant BP Plc is likely to set a co operation with Cals Ltd, a Spice Energy holding company for its proposed five million tonns oil refinery at Haldia near Kolkata.

Commodity Online MUMBAI: Heavy selling by stockists prompted by global trend saw the yellow metal tumbled by Rs 150 per 10 gram at the bullion market here on Monday.

Commodity Online TOKYO: Saudi Arabia s assurance of enough oil supply coupled with dollar s surge saw crude oil prices fell on Monday.

Commodity OnlineMUMBAI: Do you know that the famous space shuttle US Columbia was constructed using 40 kilograms of gold?

Commodity Online NEW DELHI: The Delhi Court today urged the Ministry of Petroleum and Indian Oil Corporation to submit a report over the alleged availability of LPG cylinders in black market.

Commodity Online SEOUL: In an effort to save energy, South Korean military on Monday decided to introduce a new type of training in the face of record oil prices.

Commodity Online NEW YORK: Steady demand from utilities and surging global demand for coal will push up prices of coal in United States, the one fossil fuel the country has in abundance.

Commodity Online NEW DELHI: Prime Minister Manmohan Singh on Monday said his government is committed to develop nuclear energy as a clean source of electricity.

By Adrian AshThe religious essence of Christ's crown that it was of thorns, not of gold turns out to have been an illusi

Commodity Online ABU DHABI: The UAE on Sunday decided to set up an agency to assess and develop a peaceful and fully transparent nuclear energy programme.

By Adrian AshThe religious essence of Christ's crown that it was of thorns, not of gold turns out to have been an illusi

By Jon NadlerSilver lost another $1.48 or 8.5%, falling to $16.94 per ounce. Platinum dropped $39 to $1865.00 per ounce and palladium lost $18 to $438.00 as the entire complex was battered by the freefall in gold

Commodity Online SYDNEY: Oil prices fell by $1.50 to near the $100 a barrel mark on Monday, extending last week's deep losses as funds sought to lock in first quarter profits.

By Yogesh BirlaIn fact, petrol is cheaper than the Coca Cola you drink. It is not just petrol most liquids that you daily use are more expensive than vehicle fuels.

Commodity OnlineMUMBAI: After weeks of bull run, is the most glittering global commodity gold entering into a volatile phase?

Nokia plans to consult its one billion customers on what works, what wows, and what doesn't

Wall Street says recession, but economic data has yet to confirm the gloom

Commodity prices falling almost as fast as they rose this year raise questions again on the wisdom of investing in such markets, but those in the game for long will say it's worth it, a market researcher said. Some are asking if commodity prices in general had gone up too high, too fast, leading to a bubble.

Starbucks was ordered to pay $106 million in back tips on Thursday after a California court ruled that it was unfair for the company's baristas to share their tips with shift supervisors.

Commodity OnlineMUMBAI: As Crude Oil prices skyrocket, the world is these days increasingly talking about alternative energy methods. Can Biofuel products replace Crude Oil products.?

Commodity Online NEW DELHI: Global Steel Holdings Ltd (GSHL) has signed a deal for leasing iron ore and coal reserves in Brazil, Columbia and Mozambique