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Gold holds near high of three months
It failed to maintain that level, however. Spot gold had eased to $1.326.40 by 0954 GMT, down 0.1 percent, while US gold futures for August delivery were up $5.60 an ounce at $1,327.60.
India auto makers post positive sales numbers
Maruti Suzuki exported 11,809 units last month, which was an increase of 58.4 per cent from 7,453 units sold overseas during the corresponding month of 2013.
Prices face mixed week; oil slides from peaks
Commodity prices faced mixed fortunes last week, but oil fell from recent heights on easing Iraq supply worries and growing US demand concerns, dealers said.
India likely to extend price caps to more drugs: Report
The move would make the drugs more affordable in a country where 70 per cent of the people live on less than $2 a day.
Iraq unrest, weak dollar lift raw material prices
Crude oil and metals prices rallied last week on escalating unrest in Iraq, a weaker dollar and on Chinese growth prospects, traders said.
Eurozone interest rate shake-up mixes prices
On Friday, data showed upbeat US jobs growth in May, adding a better-than-expected 217,000 jobs, stoking demand expectations in the world’s biggest economy.
Price falls dominate on Chinese economic data
Commodity markets mainly fell last week as traders weighed poorly-received Chinese and US economic data against the crisis in Ukraine and unrest in oil-producing Libya.
Asia’s shipping fuel demand set to rise
A strengthening global economy this year is seen feeding through to Asian trade and will drive growth in marine or bunker fuel consumption, three oil and gas research firms forecast.
Miners strategising for shipping costs
Global trade pickup helps absorb order glut.
Crude oil rallies; palladium hits three-year peak
Global oil prices rallied last week on strong US crude demand and Ukraine tensions, while star performer palladium hit a three-year peak on supply fears in South Africa and Russia.
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