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The Trump administration recently announced a new policy that will replace Obama’s promising Clean Power Plan, but renewables have less to worry about.
It seems that the gold price posted on August 15, at $1,165.50, is the bottom of its current decline.
Cocoa, palm oil, rice, cotton, frozen concentrated orange juice, coffee and sugar prices were lower for the week while wheat, corn and soybean edged higher.
Though Australia’s mining industry remains lucrative, people still would not consider getting a job, particularly permanent positions, in the sector.
Trans Atlantic Gem Sales, also known as TAGS, held another successful diamond tender in early August, selling almost $21 million worth of rough diamonds.
Gold prices seem to have stabilized a bit following the decline of the U.S. dollar. However, struggles await for the price movement.
Ivan Arriagada, Antofagasta's CEO, states that copper prices will remain volatile in the upcoming months because of global uncertainty.
The U.S. oil industry is recovering from its struggles in the past few weeks. The decline started after rumors about Iran providing fewer supplies emerged.
Hit by incessant rains and floods that prompted the opening of dams, Kerala suffered a big loss in agriculture and livestock.
Wheat and soybean closed lower last week following the latest USDA reports while sugar was also down on prospects of huge world production.