Commodity Prices — March 12th 2010
Commodity prices for March 12th 2010.
Buy gold, silver and copper: Jim Rogers
Noted commodities investor and author of bestselling books like Hot Commodities and A Bull in China Jim Rogers says investors should continue to buy gold, silver and copper as governments across the world are dishing out heaps of printed currenci
Gold may dip on monetary tightening concern
Gold may decline as speculation that governments could pare economic stimulus measures dampens demand for the metal, a survey showed.
Oil prices hold, metals rise
Oil prices stayed put, just above $US82, on Thursday, as investors mulled demand uncertainties and a government report that showed America's huge natural gas reserves shrank a little last week.
Copper steadies, China concerns undermine sentiment
Copper steadied on Thursday, but was undermined by production and inflation data from China, which stoked concerns of monetary tightening from the world's top metals consumer.
US copper ends up on covering, Chilean shocks
U.S. copper rose slightly on Thursday on short-covering and mild buying support lent by news of aftershocks in Chile, following last month's earthquake in the top copper-producing nation.
Copper steadies, China concerns undermine sentiment
Copper steadied on Thursday,but was undermined by production and inflation data from China, which stoked concerns of monetary tightening from the world's top metals consumer.
As Earthquakes Rattle Globe, Interest in Steel Rises
Long after the dead have been counted and the world’s attention has moved on, the terrible testimony of an earthquake can still be seen in the piles of twisted metal and chunks of concrete — often all that is left of a region’s buildings.
EU steel makers complain iron price hikes
European steel makers warned Thursday that big iron ore price increases could slow the region's fragile economic recovery.
Gold declines; copper under pressure, Oil slightly up
Spot Gold prices declined marginally till 4.00 pm IST today, as the dollar remained a little unchanged from yesterday’s closing prices. The strength in the greenback kept the prices of the yellow metal under check.
Gold gains for first day in four
Gold gained for the first time in four days after the metal’s drop by the most in five weeks spurred purchases.
Silver prices close at $17.29/oz
After starting the week off strong Monday morning, the spot price of silver in New York closed down to $17.25 an ounce. Prices plunged further in early morning trading Tuesday to as low as $16.86 before climbing back up to close at $17.29 an oun


