Unease Grows at Bank of Japan as Oil Casts Shadow on Prices:; (WWW.COMMODITYBAZAAR.CO)

A summary of opinions from board members at the Dec. 19-20 meeting released Friday shows a switch in mood from the guarded optimism over prices at the October policy meeting. The BOJ left policy unchanged at both meetings. Falling oil prices are a matter for concern and will contribute to a further delay in reaching Read more about Unease Grows at Bank of Japan as Oil Casts Shadow on Prices:; (WWW.COMMODITYBAZAAR.CO)[…]

Oil Joins Forces With RBI to Propel India’s Currency, Bonds:: (WWW.COMMODITYBAZAAR.CO)

India’s currency and sovereign bonds rallied as sliding oil prices improved the outlook for the nation’s finances and the central bank extended support via its open-market debt purchases. The rupee is on course for its biggest three-day advance since September 2013, with the drop in Brent crude seen helping reduce India’s net oil import bill and narrowing Read more about Oil Joins Forces With RBI to Propel India’s Currency, Bonds:: (WWW.COMMODITYBAZAAR.CO)[…]

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Gold Falls as Focus Turns to Fed:: (WWW.SHREEMCX .COM)

Gold prices were lower on Friday, as the U.S. dollar rose in anticipation of a Federal Reserve rate hike next week. Comex gold futures for February delivery slumped 0.3% to $1,242.95 a troy ounce as of 4:51 AM ET (9:51 GMT). The price of bullion was pushed lower by a stronger greenback. The Fed is expected to Read more about Gold Falls as Focus Turns to Fed:: (WWW.SHREEMCX .COM)[…]

PRECIOUS-Gold steady as investor focus turns to Fed meet:: (WWW.COMMODITYBAZAAR.CO )

U.S. gold futures GCv1 were down 0.1 percent at $1,246 per ounce. There are not many immediate risks at this point of time, therefore some people are holding on to their positions in gold and not liquidating, said Brian Lan, managing director at dealer GoldSilver Central in Singapore. “Dollar has also strengthened a little… We don’t expect Read more about PRECIOUS-Gold steady as investor focus turns to Fed meet:: (WWW.COMMODITYBAZAAR.CO )[…]

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The most recent News and cost moves to begin the Asian afternoon on Friday

The most recent News and cost moves to begin the Asian afternoon on Friday November 16. Zinc futures on the London Metal Exchange rebounded from 3 percent in the close on Thursday Nov 15, ending a weeklong downward tendency and maintained for a decade low in total LME stocks. Read more from our live futures Read more about The most recent News and cost moves to begin the Asian afternoon on Friday[…]

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Optimism continued to rise among aluminum marketplace participants in the US within the outlook for the domestic aluminum cathode premium following a sector meeting this past week, with lots of attendees. The decision by the US Treasury will extend the deadline for the US businesses to wind down their contracts with Russian manufacturer Rusal had Read more about wilsoncommodity leading Mcx Advisory company[…]

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