Archive for the October 28, 2005
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US gold futures settled slightly lower on Wednesday in choppy trading, mirroring the euro's move down against the dollar, while other precious metals prices were a mixed bag, dealers said. Palladium sprinted up more than
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Gold rose in Asia on Thursday due to a weaker dollar while palladium extended gains, hitting its highest level in a year on renewed buying from investors. Spot palladium rose as high as $225.50 an
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Private group Australian Wheat Forecasters (AWF) has slightly trimmed its forecast of Australia's barley crop to 8.97 million tonnes, though it reported generally good growing conditions. The new forecast is down from the 9.05 million
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Malaysian tin prices fell for a fourth straight day on Thursday, losing almost 2 percent as weak London prices forced more sellers onto the market. The Kuala Lumpur Tin Market (KLTM) spot contract closed down
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Oil held below $61 on Thursday, as brimming crude stockpiles in the United States eclipsed concerns of rising heating oil demand ahead of winter. US light crudegained 31 cents to $60.97 a barrel, after sliding
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London Metal Exchange (LME) copper futures edged up in Asia on Thursday on bargain hunting, after dipping below $3,890 a tonne following the ending of a one-day strike at a major smelter in Mexico. However,
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Raw sugar prices closed largely easier on Wednesday on sales by small speculators as the market stayed pinned in a band and will likely be trapped there over the next few sessions, brokers said. The
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There is a wait and see approach among Asian sugar buyers as producing countries bring in their new crops a little slower than expected. The harvest in China and Thailand is expected to start a
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Soyabean futures at the Chicago Board of Trade fell on Wednesday, setting back from this week's technical bounce with weakness in soyaoil contributing to the sell-off, traders said. November soyabeans were 4-1/2 cents lower at
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Rough rice futures at the Chicago Board of Trade fell to a one-month low on Wednesday as a slue of sell-stops were triggered late in the session, traders said. November rice closed 18 cents weaker
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