Posts by Gulf News:

Positive US outlook holds gold steady

Precious metal may face selling pressure Mumbai: Gold was little changed in thin holiday trading amid speculation that the US economic recovery may continue and curb demand for the precious metal as a haven investment. Cash bullion traded at $1,604.20...

Iron ore may rise to $150 if China eases credit rules

Umetal.com forecast based on Chinese demand New York: Iron ore may rise to $150 (Dh551) a metric tonne by March on expectations China's central bank will ease credit conditions and as labourers return to public works projects after the Chinese New ...

70,000 coal workers in India return to work after 35 days

Gulf News reports the agitation for a separate Telangana state has suffered a setback with nearly 70,000 workers of Singareni Collieries returning to work, ending a 35 days long strike. Coal production, which had come to a halt creating a major power crisis in the state, returned to full capacity.
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