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Global commodity shock enters next phase with recession test

The second half will be about how consumers, businesses and governments cope with the shockwaves to commodity flows. Either the global economy can withstand the sky-high prices needed to maintain tight supplies -- especially for energy -- or soaring prices will be cured by recessions.
Don't see gold touching $1,100/oz by year-end: UBS

In a new note to clients, Credit Suisse's Ric Deverall forecasted that gold would plunge to USD 1,100 this year and eventually to USD 1,000 within five years.
Inflationary pressures to continue: FM

The country will continue to face inflationary pressures due to the high global commodity and oil prices, Finance Minister Pranab Mukherjee on Saturday said.

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Global Commodity

Global commodity shock enters next phase with recession test

Don't see gold touching &#36;1,100/oz by year-end: UBS

Inflationary pressures to continue: FM

Don't see gold touching $1,100/oz by year-end: UBS