Gold might rally to $2000 an ounce in 2013

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Source: Bloomberg
© Scanpix/Reuters
Gold is expected to rally to above $2000 an ounce in 2013, as central banks add stimulus to prop up the recovery, according to Deutsche Bank AG. Bullion is set for a 12th annual advance amid concern that stimulus by central banks and governments around the world  to shore up the recovery and combat fallout from eurozone's debt crisis will debase currencies and boost inflation.
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Wed, 14 Nov 2012 15:25:39 GMT

Soybeans Gain on Increasing Demand for U.S. Exports

Soybeans remain gain in Chicago on growing demand for U.S. exports after two-week price decline and amid drought in Brazil and excessive humidity in Argentine. U.S. exports raised 6.8% to 64.1 million bushels last week in comparison to previous period. The contract for January delivery soybeans increased 0.8% and was settled at $14.19 a bushel. On Tuesday prices for soybeans

Wed, 14 Nov 2012 16:35:45 GMT

China's equities gain on party's meeting

Chinese shares gained on ruling party's meeting to choose the new leaders and hopes for reduced political uncertainty after that. The Shanghai Composite Index advanced 0.3% to 2,053.14, while the CSI 300 Index rose 0.4% to 2,221.62, mostly driven by rising shares of Kangmei Pharmaceutical Co. Another top-performer was Aluminum Corp. of China Ltd, as it rallied 5.1% to 4.97 yuan, reaching the highest level since

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