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Price of coffee in NYC increasing as droughts shocks global supply

A coffee crisis is being brewed. New Yorker morning Java costs, a long-term drought in Brazil, which produces almost half of the world's Arabica beans, sends shockwaves around the world. “It's a nightmare,” said Peter Longo, whose family owns Portolico Import, New York, for three generations. Earlier this month, Arabica futures that coffee roasters like […]

Gold price in India: Rates on February 28 – FXStreet

Friday prices fell on Friday, according to data compiled by FXStreet. The gold price was 8,032.76 Indian Rs (INR) per gram, down compared to the IT cost of 8,072.62 on Thursday. Gold prices fell to 93,692.55 per TOLA, at 94,157.45 per TOLA a day ago. Unit Measure INR gold prices 1 gram 8,032.76 10 grams […]

Gold Price Forecast: Bearish Reversal Triggered as Sellers Take Control – FX Empire

The next lower target is $2,813 The next downside is the three-week low of $2,813. However, given today's bearish momentum and decline, three-week lows could also fail as support if they fall below the main price level. Furthermore, below is the lowest expected 38.2% Fibonacci retracement at $2,813, which could indicate signs of support. Nevertheless, […]