Friday 22 August 2014
China demand

Gold hits two-week high over weak equities

Gold rose for a fourth session on Friday, gaining over 1 percent to hit a two-week high as weaker equities spurred demand for the metal as a safe-haven asset. Gold, headed for its best weekly performance since October, was also su


Gold heading for third weekly gain

Gold edged higher on Friday, staying on track for its third straight weekly gain, helped by a weaker dollar and hopes of a prolonged period of easy monetary policy. Bullion has gained nearly 10 percent in three weeks – its b


Sugar surplus to hit 4m tonnes

World sugar surplus is estimated around 4 million tonnes in the crop year to September 2012, above an earlier projection in excess of 3 million tonnes. But strong Asian demand could offset any oversupply, the International Sugar Organizati


Oil climbs to 25-month high on US, China demand

Oil reached a 25-month high for a fifth consecutive session on Thursday as a surplus in top consumer the United States subsided and strong industrial output in China sent demand to a record. US crude for December rose 40 cents to $88.21 a

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