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Commodities

Indian gold smuggling loses shine as seizures rise
A customs official said smugglers risked a jail term of up to seven years, though he said such a penalty was rare and the main deterrent was confiscating gold.
Gold rises on global growth concerns
Spot gold rose to a near four-week high of $1,237.30 an ounce and was trading up 0.4 per cent at $1,227.90 at 0945 GMT.
Brent oil slumps to four-year low; coffee hot
Many commodities were hit by grim economic data and after the IMF warned the eurozone could tip into recession.
Gold sales surge in Dubai as prices slump
The low gold rate of 137.25 dhs has seen sales soaring say Dubai jewellers.
Put gold to work for Indian economy: World Gold Council
The WGC said in the next five years, India should target to increase gold jewellery export by five-fold.
Oil edges up from over two-year low
Brent crude was up 23 cents at $94.90 a barrel by 1005GMT. On Tuesday, it touched a session low of $94.24. US crude gained 41 cents to $91.57.
Prices mixed with eyes on US and China data
In a speech to leading central bankers in Jackson Hole, Wyoming, the Federal Reserve chief gave no clear new signs for the outlook on US interest rates.
Weak demand, global economic data hit prices
Oil and gold prices retreated last week, with demand for the commodities pressured by strains in the global economy.
Oil hits 13-month low over strong supplies
Brent crude rates dip towards $102 a barrel
Gold at three and a half week high
Spot gold hit its highest since July 14 at $1,322.60 an ounce earlier, and was up 0.1 per cent at $1,314.90 by 1152 GMT.
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