{"id":15219,"date":"2012-10-04T05:28:14","date_gmt":"2012-10-04T03:28:14","guid":{"rendered":"http:\/\/www.myza.co.za\/10\/commodities-oil-grain-dive-on-europe-recession-fears-gold-up\/"},"modified":"2012-10-04T05:28:14","modified_gmt":"2012-10-04T03:28:14","slug":"commodities-oil-grain-dive-on-europe-recession-fears-gold-up","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/commodities-oil-grain-dive-on-europe-recession-fears-gold-up\/","title":{"rendered":"COMMODITIES-Oil, grain dive on Europe recession fears; gold up"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Crude oil down about 3 pct, sharpest dip in 2 weeks<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Copper down first time in 5 sessions<\/p>\n<p><span><\/span><\/p>\n<p>* Arabica coffee, raw sugar join slide after recent strength<\/p>\n<p><span><\/span><\/p>\n<p>* Gold stays near 11-month highs on safe-haven demand<\/p>\n<p><span><\/span><\/p>\n<p>By Barani Krishnan<\/p>\n<p><span><\/span><\/p>\n<p>NEW YORK, Oct 3 (Reuters) &#8211; Oil prices fell the most in two<br \/>\nweeks on Monday and agricultural markets took another pounding<br \/>\nas European economic data pointed to a recession, which could<br \/>\nhurt global demand for commodities.<\/p>\n<p><span><\/span><\/p>\n<p>Even raw materials like copper, arabica coffee and raw sugar<br \/>\n&#8212; which rose in the past two sessions &#8212; joined the sell-off.<\/p>\n<p><span><\/span><\/p>\n<p>Gold retained its robust fourth quarter start, staying near<br \/>\nthis week&#8217;s 11-month high as more investors turned to the<br \/>\nprecious metal, which usually becomes a haven in times of<br \/>\neconomic and political trouble.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Gold has certainly got a bit of spring in its step at the<br \/>\nend of the summer break,&#8221; said Ross Norman, chief executive at<br \/>\ngold-broking firm Sharps Pixley. &#8220;There is good physical buying<br \/>\ncoming through and central bank buying is firm so the market<br \/>\nwill support it.&#8221;<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Crude oil down about 3 pct, sharpest dip in 2 weeks * Copper down first time in 5 sessions * Arabica coffee, raw sugar join slide after recent strength * Gold stays near 11-month highs on safe-haven demand By Barani Krishnan NEW YORK, Oct 3 (Reuters) &#8211; Oil prices fell the most in two [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-15219","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15219","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=15219"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/15219\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=15219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=15219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=15219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}