Articles

High gold prices rob Indian brides of their jewellery

Brides and grooms are now more worried about the gold prices rather than the manglik dosh. Gold prices have crossed Rs 17 000 per 10 gm in India in November and the wedding season is peaking in India now. In China also the wedding season is at its peak now and the Chinese brides and grooms are now embracing platinum instead of gold in a big way.

Diamond trade in Surat set to soar

Antwerp diamond exchange which has a large number of diamond traders of Gujarati origin is reporting good demand levels as well as a substantial growth in buyers from Europe the US and other places. The demand for polished diamonds especially fancy gems is quite good. In fact it is getting better every week and there is shortage of several varieties of diamonds.

Silver fingerprint jewellery a big hit now

Fingerprint jewellery pendants can be mounted upon bracelets charms necklaces key rings cufflinks and many more. If you are a new parent then you may want to preserve the precious first moments of your baby s life. You can easily do this with fingerprint jewellery as they allow you to put the impressions of your baby s fingers on them. Jewellery with your loved one s fingerprints is a keepsake you can treasure forever.

Gold futures at Comex hit all time record

Gold price is zooming these days fueled by the mad investor rush for the yellow metal as a safe investment bet. Gold futures at Comex is hot stuff these days hitting a historic record and spurring other commodities to big boom as well. Bullion analysts predicted on Monday that gold will hit the $1 200 this week.

Gold to hit $1650 next year: Jim Sinclair

Gold is a contra to the US dollar and recent statements out of the Federal Reserve that interest rates will remain extremely low until 2012 is really a go ahead single for gold to continue to perform as it has until at least 2012.

Gold price is booming touches $ 1 166 per ounce

Gold price is booming. As markets opened across the globe on Monday gold prices hit a new historic record of $ 1 166.45 an ounce in Europe boosted by weakening dollar. Bullish over the big weekly opening for gold bullion analysts are now predicting that gold will touch $1 200 per ounce this week.

Speculators: The demon and the angel within

There are two ways to see speculation. One that benefits the seller and the other that benefits the buyer. If one benefits the other lose. So one of these parties has to be on the losing side. The losing party will blame speculation for his loss while the winning party will open a bottle of champagne for the same cause.

Miners now hunt for gold undersea

The recently signed joint venture (JV) agreement between gold mining major AngloGold Ashanti and diamond giant De Beers has indicated that companies are prepared to look past the high start up costs associated with this type of mining.

India may import record sugar in 2009 10: USDA

India s sugar import for 2009 10 season is expected to surge to record level of six million tonnes owing to sharp decline in the country s internal production driven by erratic monsoon.

Is there justification for ban on cotton exports?

Whose arguments will win ulitmately when it comes to ban on cotton exports? Experience shows sympathies lie with the cotton farmers as it constitutes a much larger vote bank than textile industry although industry also has received financial assistance in the past

Coal ETFs to lose sheen on regulation high stocks

There is supply demand mismatch for coal with inventories at a minimum of 50 mn tonnes excess in USA. coal equities have done quite well for the year with coal companies doubling or tripling off spring lows. The industry is currently trying to salvage revenue by drastically cutting production

Chinese firms are amassing Aussie resources

And while China and America bicker over currencies Chinese firms are scrambling to buy real assets. And while Aussie banks source foreign borrowing to lend in local real estate Aussie mining firms go begging for bits of capital that would bring world class ore bodies (and key strategic resources) into production...by local producers and owners.