Monthly archives

Africa

World Bank urges Africa to manage gas wealth

Africa | Commodity Trading | Economy | May 31, 2012 | Comments Off

Reuters : East African countries that have made major gas discoveries need to set up institutional frameworks to manage their new-found wealth […]

INR trading

INR at fresh all time low of 56.50 vs US dollar

Commodity Trading | Forex Trading | INR | May 31, 2012 | Comments Off

The INR (Indian rupee) commenced at fresh record low levels on Thursday, May 31, 2012 on surging risk aversion over […]

Crude Oil trading

Crude Oil trading slips below support levels, into Bear market.

Commodity Trading | Crude Oil Trading | May 31, 2012 | Comments Off

Crude Oil has breached the strong support at $88.30 yesterday. As alerted earlier, any breach with a sustained momentum below […]

Gold Prices

Gold Prices remain directionless & volatile On European Crisis

Commodity Trading | Eurozone | Gold Trading | May 31, 2012 | 2 Comments »

Gold prices poised for the worst run of monthly losses in almost 13 years as concern that Europe’s fiscal crisis is […]

Silver, Gold trading

Silver, Gold trading to remain volatile as Gold June Futures close to expiry.

Commodity Trading | Eurozone | Gold Trading | May 30, 2012 | Comments Off

Gold trading remained mixed in Asian trade Wednesday as the U.S. dollar rose on the back of a credit rating […]

Crude Oil trading

Crude Oil rises on Positive sentiments.

Commodity Trading | Crude Oil Trading | May 29, 2012 | Comments Off

Crude Oil has a strong support at $88.30. On rises from here, Crude Oil may face resistance at $93.25 & […]

Gold, Silver trading

Gold, Silver trades expected to be volatile.

Eurozone | Gold Trading | INR | May 29, 2012 | Comments Off

Gold may now face resistance at $1605 & then at $1657 levels. Gold will get hyper Bullish only on a […]

Copper China

Copper rises on hopes of China stimulus

China | Commodity Trading | Copper Trading | May 29, 2012 | Comments Off

Copper edged higher on Monday on hopes of more stimulus from China, and after Greek conservative parties topped opinion polls, […]

Gold China

Gold business in China: ICBC’s big bullion dreams.

China | Commodity Trading | Gold Trading | May 29, 2012 | Comments Off

The world’s biggest bank by market value, ICBC is the top player by volume on China’s Gold and futures exchanges, […]

Africa

Africa 2012 GDP growth seen at 4.5%

Africa | Economy | May 28, 2012 | Comments Off

The African Development Bank said on Monday it forecast the continent’s economy would grow 4.5 percent this year and 4.8 […]

Euro & Gold trading

Euro & Gold rise on Greece News & Optimism

Eurozone | Forex Trading | Greece | May 28, 2012 | Comments Off

The Euro regained its footing & climbed up 0.7% to 1.2598, after dropping last week to its lowest level versus […]

Silver to outperform Gold

Silver to continue 2011 Boom that was cut short, outperform Gold

China | Commodity Trading | Silver Trading | May 26, 2012 | Comments Off

Silver demand, especially for investment purposes continued northern journey and climbed up 20% in the first ten weeks of this […]

Indian Economy

India News: Outward Flow of Money are Bad News.

Economy | Forex Trading | INR | May 25, 2012 | Comments Off

India sees Money flow outward as Foreign Co’s pull more money out of India. Foreign direct investment, the sort of sticky […]

Gold trading: CME Group

Gold Futures Margins Lowered: CME Group

Commodity Trading | Gold Trading | May 25, 2012 | Comments Off

CME Group is cutting margins for gold futures, the exchange announced late Thursday. The new rates will be effective after […]

Indian Gold, Silver imports : $61.5 bn value in 2011-12

Gold, Silver Indian imports : $61.5 bn value in 2011-12

Commodity Trading | Gold Trading | Silver Trading | May 24, 2012 | Comments Off

The value of Indian Gold and Silver imports rose sharply in last fiscal year, as per the latest data provided […]

our latest tweets