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By Alanna Byrne |
November 16, 2012
Global demand for gold declined 11% year-over-year in the third quarter of 2012, according to the World Gold Council’s (WGC) Gold Demand Trends report released Thursday.
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By Press Release |
November 15, 2012
Global gold demand in Q3 2012 was 1,084.6 tons, down 11% from the record Q3 2011 figure of 1,223.5 tons.
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By Pratik Parija, Bloomberg |
November 8, 2012
Indian farmers may reap at least 6 percent more sugar than forecast by the government and industry, extending the longest global glut in more than a decade and a bear market that began in September.
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By Austin Kiddle |
October 31, 2012
The Indian peak festival seasons which include Dussehra, Diwali and the marriage seasons may help to bolster gold prices from October to early next year.
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By Austin Kiddle |
October 24, 2012
Technical selling of gold has occurred as the price of gold broke below its 50-day moving average on Tuesday. When gold prices failed to breach $1,800 an ounce, traders began paring back positions.
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By Rajhkumar K Shaaw, Santanu Chakraborty and Shikhar Balwani |
October 7, 2012
The plunge and rebound in Indian stocks that pushed the S&P CNX Nifty Index down 16 percent in eight seconds underscored concern about financial markets.
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By Austin Kiddle |
October 5, 2012
Gold prices were boosted by various news this week. On Thursday, the ECB announced interest rate would be on hold at 0.75% and the bond-purchase program stood ready.
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By Swansy Afonso |
September 20, 2012
Soybean-meal exports from India may advance 5 percent next year as the oilseed harvest is poised to climb to a record for a second year.
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By Kartik Goyal, Bloomberg |
September 17, 2012
India’s central bank unexpectedly reduced the amount of deposits lenders must set aside as reserves, supporting the government’s push to revive growth even as it kept interest rates unchanged to damp elevated inflation.
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By Isis Almeida, Bloomberg |
September 14, 2012
Sugar traders are the most bullish in two months on speculation rain may again disrupt the harvest in Brazil, the world’s largest producer, just as output and exports from second-ranking India decline.