Silver tops $75 as gold, platinum on record run
Silver smashed through the $75 mark for the first time on Friday, with gold and platinum also rising to all-time highs, as bets on U.S. rate cuts and geopolitical jitters fueled investor demand, reports Reuters.Spot gold rose 0.6% to $4,505.30 per ounce, as of 1131 GMT, after touching a record...
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Oil price steady as market mulls potential supply risks
LONDON, Dec 26 (Reuters): Oil prices were stable on Friday as investors weighed potential supply risks from developing geopolitical tensions in a thin post-Christmas session, after the US carried out airstrikes against Islamic State militants in Nigeria and put more economic pressure on Venezuelan oil.Brent crude futures fell 2 cents...
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Tk 5.0b project to turn haor fallow lands into productive farmland
SUNAMGANJ, Dec 26 (UNB): Bangladesh has embarked on a landmark agricultural initiative aimed at converting vast stretches of fallow haor lands into cultivable fields, in a project valued at approximately Tk 5.0 billion (500 crore).The five-year programme, spearheaded by the Bangladesh Agricultural Development Corporation (BADC), is set to run through...
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Malaysian palm oil logs weekly gain
KUALA LUMPUR, Dec 26 (Reuters): Malaysian palm oil futures ended at their highest in two weeks on Friday and booked their first weekly gain in three, as stronger rival Dalian oils boosted the market.The benchmark palm oil contract for March delivery on the Bursa Malaysia Derivatives Exchange gained 50 ringgit,...
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Russia doubles LPG exports to Central Asia, Afghanistan
MOSCOW, Dec 26 (Reuters): Russia has almost doubled exports of liquefied petroleum gas in the January - November period to ex-Soviet republics in Central Asia and Afghanistan to 1.016 million metric tons, industry sources told Reuters on Friday. Moscow has had to divert supplies of LPG, or propane and butane,...
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