Archive for the November 9, 2005
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US gold futures rose and settled near session highs on Monday on speculative buying, but thin trading interest and a robust dollar prevented a sharper recovery from last week's two-month low, traders said. Benchmark December
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Tokyo gold futures lost further ground on Tuesday in narrow trade amid an absence of fresh supportive factors, while the key platinum contract jumped to a new 19-year high on technical buying. The benchmark October
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Gold weakened in Asia on Tuesday in step with a rising US dollar that hit a 2-year high against the euro, erasing modest overnight gains in bullion markets. Easing inflationary fears in the face of
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Malaysian tin ended unchanged at $6,370 a tonne on Tuesday as good European demand countered keen selling by producers. But dealers said prices, which had gained 4 percent since October 27, were unlikely to maintain
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Oil prices held steady below $60 on Tuesday as unseasonably mild weather dampened demand for heating oil and was expected to lead to a rise in US fuel stocks. US light crude oil traded up
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Copper prices held mostly steady in Asia on Tuesday, not far from a record high, as traders weighed the impact of copper sales by China's State Reserve Bureau against historically tight global stocks, traders said.
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Private group Australian Wheat Forecasters on Tuesday increased its forecast for Australia's new wheat crop to 24.52 million tonnes because of better than average rainfall across the country, which has improved yield prospects. The new
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Raw sugar prices settled lower and further away from recent highs on Monday, pressured by speculator and broker selling due to US dollar strength and weaker London white sugar prices, traders said. The New York
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Soyabean futures at the Chicago Board of Trade closed lower on Monday with the market pressured by the harvest of a big US soyabean crop and bearish technical, traders said. CBOT soya closed 3-1/2 to
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Chicago Board of Trade rough rice futures closed lower on Monday on light profit taking after on Friday's climb to four-month highs, traders said. November closed 2 cents lower at $7.50 per hundredweight and January
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