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Archive for the October 26, 2005

    • News Desk
    • Oct 26th, 2005
    • Comments Off on Tokyo gold advances but turning range-bound

    Tokyo gold futures advanced for a second consecutive session on Tuesday as firmer dollar-based spot prices and limited falls in oil prices induced steady bargain-hunting by Japanese investors. Sentiment stayed bullish with benchmark crude oil

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Gold rebounds in Asia, seen in $460-$470 range

    Gold gained in Asia on Tuesday as buying interest emerged at lower levels following a drop in New York, but investors were wary of buying too much ahead of next week's US Federal Reserve meeting.

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  • Shanghai copper futures slid on Tuesday after a volatile London Metal Exchange triggered corresponding fluctuations on the Chinese market, traders said. Shanghai's most active contract, January, ended at 36,660 yuan ($4,531) per tonne, down 470

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Malaysian tin down as sellers overwhelm market

    Malaysian tin fell 0.3 percent on Tuesday as sellers crowded the market to liquidate long positions. The Kuala Lumpur Tin Market's spot contract closed at $6,290 a tonne, down $20. But traded volume jumped to

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Oil hovers above $60, seeks signals on US demand

    Oil steadied above $60 a barrel on Tuesday, with traders shifting their attention to the next set of clues about US oil demand after Hurricane Wilma bypassed oil and gas fields in the Gulf of

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  • Indian soya futures climbed on Tuesday, but sugar extended losses on prospects for good output and wheat eased. Gold nudged higher tracking Asian prices. November soyaoil at the Mullet Commodity Exchange (MCX) was up 0.60

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  • Thai rice futures ended lower on Tuesday, with players offsetting November contracts to avoid delivery, brokers said. Overall volume dropped as only 30 contracts of 5 percent white rice changed hands compared to last on

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on New York sugar settles near lows on producer sales

    Raw sugar prices finished near session lows on Monday on combined producer and speculative sales and the sweetener is tipped to stay in a band over the coming sessions, brokers said. Fundamentally, the market is

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    • News Desk
    • Oct 26th, 2005
    • Comments Off on Soyabeans firm, rebounding from weakness

    Chicago Board of Trade soyabean futures closed higher on Monday, recovering from early weakness as the market was oversold after last week's sell-off, with the turnaround in soyaoil supportive, traders said. "The rally back in

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  • Chicago Board of Trade rough rice futures slipped on Monday on slipcover technical selling from last week, traders said. "There was continued liquidation of speculative positions," said one rice trader. The market was trading below

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