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Archive for  November 2005

  • London Metal Exchange (LME) copper prices hit a new record high on Tuesday on fund buying, which also pushed lead to a fresh record high and zinc and aluminium to their highest in more than

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on European gold crosses above $500 an ounce

    Gold spiked above $500 an ounce for the first time in 18 years on Tuesday and platinum surpassed $1,000, the highest in more than two-and-a-half decades, fuelled by heavy fund buying. The metals then retreated

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on European gold crosses above $500 an ounce

    Gold spiked above $500 an ounce for the first time in 18 years on Tuesday and platinum surpassed $1,000, the highest in more than two-and-a-half decades, fuelled by heavy fund buying. The metals then retreated

    Read More

    • News Desk
    • Nov 30th, 2005
    • Comments Off on European gold crosses above $500 an ounce

    Gold spiked above $500 an ounce for the first time in 18 years on Tuesday and platinum surpassed $1,000, the highest in more than two-and-a-half decades, fuelled by heavy fund buying. The metals then retreated

    Read More

    • News Desk
    • Nov 30th, 2005
    • Comments Off on US MIDDAY: cocoa down on speculative sales

    US cocoa futures settled lower Tuesday in moderate business on some light speculative sales as the market remained in a range after last week's short-covering rally, brokers said. "The market in a pause mode right

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on US MIDDAY: sugar mixed on profit-taking

    Raw sugar prices settled mixed Tuesday as profit-taking hit the market to erase gains from a rally that hoisted the sweetener to contract highs, brokers said. The New York Board of Trade's benchmark March raw

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on US MIDDAY: wheat higher on short covering

    Wheat futures at the Chicago Board of Trade were higher early on Tuesday on short covering and a decline in US winter wheat condition ratings, traders said. News that Iraq set a freight tender to

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  • Corn futures at the Chicago Board of Trade fell to four-year lows on Tuesday amid technical selling and concerns about the impact bird flu may have on feed demand, traders said. At 10:14 am CST

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on US MIDDAY: copper rises on new contract

    US copper futures rose to new contract highs early on Tuesday when funds bought the industrial metal following a larger-than-expected jump in US orders and US housing data, traders said. October's robust US durable goods

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    • News Desk
    • Nov 30th, 2005
    • Comments Off on US MIDDAY: soyabeans slide on feed demand

    Soyabean futures at the Chicago Board of Trade fell early on Tuesday as worries about a possible decline in feed demand due to the spread of bird flu in Asia sparked technical selling by commodity

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