Media/Press

Cocoa Rises for Third Session on Demand From Food Manufacturers

Chicago, 7 April 2008 (Bloomberg.com) by Shruti Date Singh

Cocoa rose for the third straight session on demand from food manufacturers after prices slumped early this month.

On April 2, cocoa futures touched the lowest since Jan. 29. The price will remain ``volatile'' in the second half, said Patrick De Maeseneire, chief executive officer of Barry Callebaut AG, the world's biggest bulk-chocolate maker. Callebaut's shares tumbled after profit in the six months ended Feb. 29 trailed analysts' estimates.

Food makers ``are buying up on the breaks,'' said Adam Klopfenstein, a senior market strategist at Lind-Waldock in Chicago, a unit of MF Global. ``They feel this is a price that is more rational.''

Cocoa futures for July delivery advanced $53, or 2.3 percent, to $2,352 a metric ton at 11:49 a.m. on ICE Futures U.S., the former New York Board of Trade. Futures fell 7.9 percent in the four sessions ended April 2.

Before today, the price gained 21 percent in the past year amid forecasts demand will exceed supplies this year and a surge in investor demand for agricultural commodities.

Worldwide consumption will probably outpace output by 5,000 tons this year, Fortis Bank SA/NV and VM Group said in a March forecast.

To contact the reporter on this story: Shruti Date Singh in Chicago at ssingh28@bloomberg.net.

VM Group in the News

2010

May 26th - Sugar Rises in London, New York on Shortfall, Stronger Demand (Bloomberg)
May 24th - Fortis NL Trims Global Coffee Surplus Forecast (Reuters)
May 21st - Ivorian cocoa data inflated by smuggling -analysts (Reuters)
May 21st - Cocoa Rises to One-Week High on Supply Shortfall; Coffee Gains (Bloomberg)
May 20tht - UPDATE: Gold At Records In Euros, Sterling; Flight To Quality (Dow Jones)
May 16th - Would Selling Gold Save the Euro? (Bullion Vault)
May 14th - Gold dehedging continues to slow further in first quarter (Mineweb)
May 5th - Fund Feeding Frenzy Begets Fund Flight (Kitci)
May 4th - Investing in Biocide Silver (Hard Asset Investor)
April 29th - Cocoa Futures Rise in N.Y. on Supply Shortfall; Coffee Gains (Bloomberg)
April 28th - Investors Buying Gold 'amid Greece debt fears' (Bullion Vault)
April 27th - Cocoa Rises to Highest in at Least 21 Years in London on Supply (Bloomberg)
April 23rd - Cocoa Rises to Two-Month High on Supply Shortfall; Coffee Gains (Bloomberg)
April 23rd - Jessica Cross: Power Disruptions Could Drive PGM Prices Higher (Hard Asset Investor)
April 23rd - Cocoa Rises to Two-Month High in New York on Outlook for Demand (Bloomberg)
April 21st - Platinum leaves gold in the dust (Reuters)
April 21st - Gold Slips, Back "In Thrall" to Investment as Paulson & Co. Reassures Clients (Bullion Vault)
April 20th - MMetals - all is not lost (The Australian)
April 17th - Business Browser (The Edmonton Journal)
April 16th - METALS-Copper hobbled by stumbling stocks on Goldman news (Reuters)
April 16th - Gold hits 1-week high on uncertainties over Greece (Reuters)
April 14th - Interview with Matthew Turner: VM Group (Mineweb)
April 8th - METALS-Copper drops to one-week low, lacks fresh momentum (Reuters)
April 7th - Bullish sentiment lifts commodities (Investors Chrolnicle)
April 6th - Sugar Rises Most in a Week in London on Stockpile Speculation (Bloomberg)
April 4th - Zinc points to global economic health (Times Live SA)
April 1st - SOFTS-Sugar falls as India production outlook raised (Reuters)
April 1st - Long term and short term outlook on zinc prices (Mineweb)
March 30th - White Sugar Rises for Third Day in London on Outlook for Demand (Bloomberg)
March 30th - India's Coffee Exports May Slow on Rupee Gain, Brazilian Supply (Bloomberg)
March 25th - Gold Up as Euro Rises, Solomon Islands Bullish on Nickel Mining Future (Midnight Trader)
March 24th - Long term zinc prices look good but the short term remains shaky (Mineweb)
March 23rd - High-grade Kenyan coffee tops $14,000 a tonne (Agrimoney.com)
March 23rd - Sugar Extends Slump to Eight-Month Low on Rising India Output (Bloomberg)
March 23rd - Platinum, palladium bull run to continue: VM Group (Kitco Metals)
March 23rd - SOFTS-Raw sugar hits 8-month low, further slide on the cards (Reuters)
March 23rd - Fortis upbeat on sugar, even as prices slump 7% (Agrimoney.com)
March 23rd- Sugar to Have Supply Surplus, Fortis Bank and VM Say (Update1) (Bloomberg)
March 22nd - Gold Drops Below $1100 as "Change" Hits US Healthcare, Euro & Indian Interest Rates; Heavy Gold Demand "Invisible" to Analysts(Bullion Vault)
March 20th - SOFTS-Sugar edges up but rebound seen tentative (Bullion Vault)
March 19th - SOFTS-Strong dollar takes bite out of markets (Reuters)
March 19th - SOFTS-Sugar turns lower as rebound runs out of steam (Bullin Vault)
March 16th - Shrunken Gold Miner Hedge-Book to Stay Shrunk, Says GFMS (Bullion Vault)
March 15th - Some Aussie firms position themselves as early movers in shale gas (The Australian)
March 15th - Gold Cautious Ahead of Fed Interest Rate Decision(Bullion Vault)
March 12th - GLOBAL MARKETS-Global stocks fall on US jobless data, China CPI (Reuters)
March 11th - METALS-Copper dips after China data (Reuters)
March 11th - SOFTS-Raw sugar deepens losses but signs of floor lurk (Mineweb)
March 11th - SOFTS-Sugar prices slide, awaits revival in demand (Reuters)
March 5th - SOFTS-Cocoa, sugar stabilise after steep falls (Reuters)
March 4th - SOFTS-Sugar reels as cocoa bounces from 6-mth lows (Reuters)
March 2nd - Cocoa Falls to Three-Month Low on Outlook for Recovering Output (Bloomberg)
February 26th - Sugar retains 'very bullish' market dynamics (Agrimoney.com)
February 26th - Scarcity to secure top-grade coffee a huge premium (Agrimoney.com)
February 24th - D-hedging, the beat goes on (The Australian)
February 23th - Global Gold Hedges Fall To 8 Million Ounces (Mineweb)
February 22th - ANALYSIS-Cobalt to fall as output hikes offset demand (Reuters)
February 21st - GIs the buck really set to come over all bullish? (Times Live)
February 19th - Five Finger Discount No More (Kitco Metals)
February 19th - Gold Hedging Shrinks Most in Almost Two Years, VM Group Says (Mineweb)
February 16th - Gold Hits 4th Euro Record in 4 Days, Global Investment Demand "Resilient" as Miner Hedging Drops 90% from 2001 Peak (Mineweb)
February 16th - Gold Jumps, Hits New Euro Record, as "Soft Default" via 9% Inflation Faces US Bondholders (Reuters)
February 16th - Gold in euro terms hits record high 816.33 euro/oz (Reuters)
February 12th - Gold Breaks €800 as German Recovery Ends, Gilt-Holders' Patience "Close to Breaking", US Banks Face "Tidal Wave" of Bad Loans (Bullion Vault)
February 10th - Jessica Cross: CEO VM Group (Mineweb)
February 10th - Gold prices to consolidate as physical markets come back in - Jessica Cross (Mineweb)
February 10th - Gold Prices "Need Respite" as Germany "Faces Facts" on Greece, Chinese New Year Looms (Bullion Vault)
February 9th - Gold, Stocks & Euro Bounce as Trichet Hints at Greek Rescue; Potential for "More Liquidation" Challenged by "Safe Haven" Demand (Mineweb)
February 8th - SOFTS-Sugar bounces as jitters linger after selloff (Reuters)
February 8th - Cocoa Peaking Means Kraft Wins Cadbury on Margin Gain (Update2) (Bloomberg)
February 4th - Analysts applaud Shell's Cosan biofuels bet (Environmental Finance)
February 3rd - Chinese Dragon Danger to Global Recovery? (Silver Investing News)
February 2nd - Gold Jumps as "Speculative Excess" Removed; Gold Investment "Justified" by Money Supply & Velocity (BullionVault)
February 1st - 2010: A gap year for metal prices - VM Group (Mineweb)
January 28th - Gold Bounces Off 5-Week Low as Fed Sticks, Asset-Rally "Challenged", Financial Crisis Leaves "Legacy of Too Much Debt" (BullionVault)
January 28th - Why Soros and Roubini love gold bubbles (Commodity Online)
January 26th - Gold & Silver Drop Again, "Markets Take No Chances" on Falling Stocks, Weak Growth & Banking Reform (BullionVault)
January 26th - SOFTS-Sugar rises, moves back up near 29-yr peak (Reuters)
January 25th - Ivorian Cocoa Crop May Be Below Industry Forecasts (Update3) (Bloomberg)
January 20th - METALS-China angst undermines copper prices (Reuters)
January 20th - Gold & Silver Bounce vs. Falling Dollar as China’s Monetary Tightening “Runs to Stand Still” (BullionVault)
January 14th - Survey Finds High Hopes for Palladium (WSJ)
January 1st - 2009: A Year of Diversification (The Trumpet)

2009

December 29th - Gold steady; weaker dollar seen supporting (Reuters)
December 23rd - South Africa's Eskom: power of the powerless (Commodity Online)
December 17th - Mysterious 'tin man' could trigger 2010 price hikes (Purchasing)
December 14th - VM mostly positive on metals prices for 2010 (MineWeb)
December 14th - Copper ends up as Dubai bailout boosts sentiment (Reuters)
December 12th - All that glisters is not gold as dowries adapt to India's new wealth (Sydney Morning Herald)
December 1st - Sugar Rises in London on Speculation About Deficit and Dollar (Bloomberg)
November 17th - Funds eye poor performer wheat in hunt for laggards (Reuters)
October 27th - China & Gold: The Big Story (Bullion Vault)
October 27th - Coming copper supply crunch supportive of strong prices - VM Group (Mineweb)
October 26th - Gold Futures Climb on Speculation Dollar to Extend Decline (Bloomberg)
October 9th - Ebullio fund controls over 90 pct of LME tin -trade (Reuters)
October 5th - Gold Q3 ETF inflows dwindle, investors switch (Reuters)
October 2nd - SOFTS-Sugar, cocoa prices fall, caught in commods downturn (Reuters)
October 1st - PRECIOUS-Gold steadies; hemmed in by dollar strength (Reuters)
September 30th - Copper hits 1-week high as dollar dips (Reuters)
September 28th - METALS-Copper at 1-mth low on inventory, demand worries (Reuters)
September 28th - Copper ends down but off lows as equities rally (Reuters)
September 25th - Lead heading for higher prices ahead and for some time to come (Mine Web)
September 24th - Gold and silver prices could come down in the short term (Mine Web)
September 24th - Silver’s Future Remains Bright (Silver Investing News)
September 23rd - GRAINS-U.S. soy, corn weaken as crop outlook improves (Reuters)
September 23rd - Gold stays lower as dollar rebounds after FOMC (Reuters)
September 23rd - Reuters Daily Agricultural Markets Brief (Reuters)
September 16th - METALS-Copper rises after Bernanke calls end to recession (Reuters)
Septemeber 16th - METALS-Copper rises on weak dollar, recovery bets (Reuters)
September 10th - Gold Slips with Stock Market, Connection with Euro Weakens; Chinese Households Buying as Western Consumers Sell (Bullion Vault)
September 8th - Barrick will raise $3bn in share sale, eliminate gold hedges (Mining Weekly)
September 8th - ANALYSIS - Industrial demand for silver sharpens bullish view (Reuters)
September 7th - Gold steady below $1,000 (Reuters)
August 27th - SOFTS-Sugar edges higher, bucks recovery concerns (Reuters)
August 25th - The latest VM Group metals report suggests copper is looking at sustained periods of deficit ahead with prices continuing to rise (Mine Web)
August 25th - METALS-Copper rallies to 10-month peak, skepticism grows (Reuters)
August 18th - METALS-Copper eases after US data, aluminium rises (Reuters)
August 13th - COMMODITIES-Rally on economic hopes but with some pullback (Reuters)
August 13th - Copper Leads Broad Rally In Futures As German, French Economies Grow (Reuters)
August 12th - Global gold dehedging falls in Q2, gold ETF flows slow (Mine Web)
August 11th - Global gold dehedging beat expectations in Q2 - report(Mining Weekly)
August 3rd - Two days is a short time in gold and silver price prediction (Mine Web)
July 31st - Gold Steadies as U.S. GDP Data Knocks Euro (offshoreinn.com)
July 29th - Gold tunes out weak ETF buying as speculation soars (Reuters)
July 22nd - Global automakers have two battery choices for their electric vehicles - lithium-ion or nickel metal hydride (MonsterAuto.ca)
July 21st - Tesla electric sports car picks lithium power (Reuters)
July 20th - Indium set to star as TV demand surges (Reuters)
July 20th - Gold Jumps, "Uptrend Attracting Investment" as Indian Jewelers Stockpile Ahead of Autumn Festivals(Bullion Vault)
July 17th - Silver bulls overtake gold; jump 31% higher in June (Commodity Online)
July 14th - Fortis White Book - Analysis of platinum and palladium fundamentals (Commodity Online)
July 3rd - Precious and base metals prospects uncertain as China grows and West contracts (Mine Web)
June 26th - Falling imports cut trade gap 85 percent in first half (thanhniennews.com)
June 24th - Gold Jumps as ECB Beats the Fed to "Stimulus" Punch, Lends Near Half-Trillion Euros at 1.0%(Bullion Vault)
June 23rd - Green shoots or late frost? Precious and base metals prices in a spin (Mine Web)
June 19th - Obama Administration pushes IMF gold sales through House by tieing it to security bill (Mine Web)
June 11th - RGold steadies, weaker dollar, firm oil supportive (Reuters)
June 8th - Gold bounces below $950 (Reuters)
June 4th - Gold Bounces in Sterling & Euros as Rates Stay Near Zero, "Queasing" Continues (Bullion Vault)
June 3rd - UPDATE 1-Silver returns outpace gold in 2009 (Reuters)
May 22nd - Gold Hits 2-Month High, Mirrors US Forex Decline, as China-Brazil Move to Side-Step the Dollar (Bullion Vault)
May 21st - Robusta Coffee Declines in London as Vietnamese Supply Expands (VNBusinessNews.com)
May 20th - Gold demand is buoyant (miningmx.com)
May 16th - Copper edges down as economy worries weigh (Reuters)
May 15th - Power costs, demand to propel ferrochrome market (Reuters)
May 15th - Vietnam one of two countries increasing exports to US market (Bloomberg)
May 12th - Gold drops in London on speculation investor demand stalled (thanhniennews.com)
May 8th - Copper rises on sentiment boost, eyes U.S. data (Reuters)
May 7th - When gold/silver ratio widens, silver does worse (Commodity Online)
May 5th - ETFs support gold & silver demand at Comex (Commodity Online)
May 5th - Copper falls in profit-taking spree after run-up (Reuters)
May 4th - VM Group predicts silver surplus will narrow in '09 (Mining Weekly)
May 4th - Fortis/VM forecast 700t drop in silver mine production this year (MineWeb)
April 15th - Bolivia Holds Key To Lithium, The Battery Car Metal (Reuters)
April 9th - London Gold Market Report - UPDATE (Bullion Vault)
April 7th - Looming gold surplus melts sector (Business Report)
March 31st - Gold Beats Stocks & Bonds in Q1 as IMF Urged to Sell Gold, China Advised to Buy It (Bullion Vault)
March 24th - Central banks sit on their bullion reserves (MarketWatch)
March 13th - Gold Falls in Asia, Poised for Third Weekly Drop on Stocks Gain (Bloomberg)
March 11th - IMF confirms plan to sell 403 tonnes gold (Reuters)
March 9th - METALS-Copper falls on doubts about Chinese demand (Reuters)
March 6th - Gold Investment to increase on 'weak equity performance' (Bullion Vault)
March 5th - Central bank gold sales to fall: The Yellow Book (Commodity Online)
March 2nd - Survey shows bullish sentiment towards Buying Gold (Bullion Vault)
February - After the goldrush (LBMA Alchemist)
February 28th - Latest US economic data is 'positive for gold' (Bullion Vault)
February 28th - $50bn less cash will be spent in mining in 2009 - and perhaps in 2010 too (MineWeb)
February 27th - Gold climbs as U.S. data spurs risk aversion (Reuters)
February 27th - London Gold Market Report (Bullion Vault)
February 26th - Gold hedging slows but gold ETFs have grown more so far in 2009 than in whole of 2008 (MineWeb)
February 26th - Gold Drops for Fourth Day as European Stocks Rise, Dollar Gains (Bloomberg)
February 26th - SA GOLD "BLEAK" - Gold market surplus to widen in 09 (MineWeb)
February 20th - Gold mine supply may decline 1.3% this year - VM Group (Mining Weekly)
January 6th - PRECIOUS-Gold weakens on strong dollar, platinum rises (Reuters)

2008

December 24th - Platinum price could rise "modestly" – VM Group (MineWeb)
December 20th - London Gold Market Report (Bullion Vault)
December 19th - Gold in 2009 Still "Unknown" as Global Deflation Panic Sparks Return of ZIRP (Bullion Vault)
December 17th - Gold hits 2-month high as Fed cut signals weakness (Reuters)
December 11th - Thermal Coal prices to drop more in 2009 (MineWeb)
November 21st - Base metal prices to rise on new supply-demand fundamentals (MineWeb)
November 17th - Copper tumbles as recession woes persist (Reuters)
October 28th - Copper gains on short-covering, equities (Reuters)
October 23rd - Gloomy demand outlook pushes copper to 3-yr low (Reuters)
October 20th - Commodity Report (Business Day)
October 16th - Commodity run to continue for next two decades – VM Group (Mineweb)
October 14th - Gold Slips as World Equities Leap Again (Straight Stocks)
October 8th - Fortis/VM Group predict solar energy will boost silver demand (Mineweb.com)
October 8th - I Think I'm Turning Japanese... (IBT Times)
October 8th - Can Gold rescue us from this gigantic market fall?(Mineweb.com)
October 6th - Slow central bank gold sales to lead to third Central Bank Gold Agreement (Mineweb.com)
October 6th - Chinese gold hoarding set to increase with liberalised gold trading (Mineweb.com)
October 5th - Cold comfort for gold (Miningmx)
September - Playing pipeline politics (European Energy Review)
September 25th - Copper prices down on slowdown fears (The Australian Business)
September 24th - UPDATE 5-Copper up, but uncertainty weighs on sentiment (Reuters)
August 27th - More weakness expected in Zinc price - VM/Fortis (Mineweb.com)
August 26th - 'Surprisingly' strong copper price could fall in fourth quarter (Mineweb.com)
August 26th - Gold ends up on oil gains despite dollar rise (Reuters)
August 25th - Of (gold's) Price and (various) Mens (ibtimes.com)
August 25th - Gold and silver outlook both seen as gloomy, but some glimmers of brightness (Mineweb.com)
August 12th - China to keep oil markets tight (The National)
August 12th - Gold slot: The Fortis/VM Group Yellow Book. Jessica Cross – CEO, VM Group (moneyweb.com)
August 7th - Global gold hedgebook cut by 16 pct in Q2-Fortis (Reuters)
August 6th - AngloGold’s Cutifani reckons Australia's carbon tax a serious problem for gold producers (Mineweb.com)
August 6th - Platinum up on South African strike, Lonmin (Reuters)
August 5th - Hope only flickers for South African gold industry (mineweb.com)
August 4th - Central banks' gold sale agreement likely to be renewed (miningmx.com)
July 31st - Premium, dark chocolates can resist downturn (Reuters)
July 24th - ANALYST VIEW-Reuters precious metals poll 2008/2009 (Reuters)
July 24th - POLL-Investors to boost gold by more than 30 pct in 2008 (Reuters)
June 17th - Platinum outlook comfortably above $2000/ounce despite macro concerns (MineWeb.com)
June 17th - Twelve month view on metals rankings (MineWeb.com)
June 17th - Gold Dips as Oil Falls, Stocks Rally; Inflation "Won't Fall" in Recession, Warns European Central Bank (MineWeb.com)
June 17th - In India, a Gold-Price Threat? (MineWeb.com)
June 17th - Gold Dips as Oil Falls, But "Recession Won't Kill Inflation" Warns ECB (bullionvault.com)
July 16th - Gold Hedge Against Credit Crisis Risks (marketoracle.co.uk)
June 15th - Gold soars as fears mount over US mortgages (miningmx.com)
July 1st - Gold Prices Set to Double or Triple on Oil Shock (marketoracle.co.uk)
July 1st - Vietnam Economic Growth Slows to 6.5% Amid Inflation (Bloomberg)
June 24th - The Potential of Potash (ResourceInvestor.com)
June 23rd - India, China N-construction plans to ramp up uranium prices (Livemint.com)
June 15th - Silver susceptible to a big pullback (miningmx.com)
June 13th - China more dependent on iron ore imports in future (MineWeb.com)
June 13th - Aluminium race in car industry (Commodity Online.com)
June 12th - “Mixed” outlook for platinum, palladium in transport sectors (MineWeb.com)
June 12th - Aluminium and copper demand to rise for automobiles (MineWeb.com)
June 11th - Indian farmers may lose healthy appetite for gold (MineWeb.com)
June 11th - Cocoa Rises in New York on Weaker Dollar, Falling Stockpiles (Bloomberg)
June 11th - Sino Gold Will Sell Shares to Close Forward Contracts (Bloomberg)
May 19th - Copper price could soften as Chinese and US economies slow (Mineweb.com)
May 19th - Copper price could soften as Chinese and US economies slow (Reuters)
May 16th - Global gold hedging falls 18 pct in Q1 - Fortis (Reuters)
May 16th - Gold hedging down 18% in first quarter of ‘08 (MiningWeekly.com)
May 2nd - Gold is back, but how long can it last? (MineWeb.com)
April 16th - Platinum Supply Deficit to Remain in 2008 (ResourceInvestor.com)
April 15th - VM Group expects platinum deficit will narrow in '08 (MiningWeekly.com)
April 9th - Gold surges 2 pct on record high oil, weak dollar (Reuters)
April 7th - Cocoa Rises for Third Session on Demand From Food Manufacturers (Bloomberg)
March 28th - Sugar Falls as Indian Exports May Rise, Russia Keeps Higher Tax (Bloomberg)
March 14th - Gold Trades Within 0.2% of Record on Demand for Inflation Hedge (Bloomberg)
March 13th - Gold futures at $1,000, spot could hit $1,250 (miningmx.com)
March 3rd - Silver breaks through $20 - up around 35 percent this year (Mineweb.com)
February 28th - Gold Dehedging to Slow to 6-8 million oz in 2008 (GJEPC)
February 27th - AngloGold Still Wild Card to Gold Dehedging in 2008 (ResourceInvestor.com)
February 27th - Central Bank gold sales seen at 500 t in 2007-2008 (miningmx.com)
February 27th - Gold Dehedging to Slow to 6-8 million oz in 2008 (miningmx.com)
February 26th - EU biofuels set to struggle, lack clear policies-report (Reuters)
February 26th - VM Group: Gold Hedging Down 2.3 Million Ounces In 4Q 2007 (Dow Jones Newswires)
February 22nd - Positive on silver - Global Capital Forum (MineWeb.com)
February 20th - Castro's Resignation to Have Little Impact on Nickel, Cobalt Markets (ResourceInvestor.com)
February 11th - Vietnam Passes 4 to Reach List of Top 30 Exporters to the U.S. (Bloomberg)
February 11th - IMF Gold Sales Face Impasse in U.S. Congress (ResourceInvestor.com)
February 4th - Nickel Markets Set for Roller-Coaster Ride (ResourceInvestor.com)
February 4th - Minelife Sees Corporate Social Responsibility as Necessity (ResourceInvestor.com)
February 1st - Global Capital Magazine - Silver Market Outlook (Global Capital Magazine)
January 23rd - Brazil Coffee Crop May Beat Forecast on Rains, Official Says (Bloomberg)
January 23rd - New Uses Give Silver Reasons to Shine (ResourceInvestor.com)
January 17th - China Takes Over South Africa's Crown (ResourceInvestor.com)
January 8th - Gold Shatters Records, Soars to New Heights! (ResourceInvestor.com)

2007

December 13th - Moneyweb.com Interview: Gold (Moneyweb.com)
December 11th - U.S. Economy to Drive Gold in 2008 (ResourceInvestor.com)
September 21st - Gold could test $850 (miningmx.com)
September 7th - Buy-back adding to gold’s momentum (miningmx.com)
July 17th - Interview: Base Metals - More than recovering? (BusinessDay.co.za)

2006

January 10th - Central Banks unlikely to buy gold in the near future (Reuters)

2005

September 26th - Europe's central banks seen queuing up to sell gold (Reuters)
THE YELLOW BOOK - Virtual Metals Research & Consulting and Fortis Bank in a new analysis of the global fundamentals and outlook for the international gold market.
Virtual Metals Research & Consulting announces today the launch of an innovative mechanism for the funding and development of sustainability projects in the minerals extraction industry. The new entity – called MineLife - is a collaboration between Virtual Metals, Barrick Gold Corporation, Gold Fields Limited, and Harmony Gold Mining Limited. It is dedicated to alleviating poverty and building long-term socio-economic development in Africa and, ultimately, in other developing markets.
Q2 05 The Hedge Book - Global hedging falls 2.5 Moz to 53.1 Moz
The latest edition of the Hedge Book, sponsored by Mitsui, shows dehedging quickened to 2.5 Moz in Q2 05, up from just 1.3 Moz in Q1 05. For the press release and full report click here