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Potato prices reversed its previous day's gains, falling by 0.14 per cent on Friday at the domestic markets as a result of easy availability in the physical markets following fresh arrivals from producing regions in UP, Punjab, MP and West Bengal.

Jeera prices closed lower by 0.95 per-cent at the National Commodity & Derivatives Exchange Limited (NCDEX) on account of a surge in the supply from the producing regions in the midst of a decline in the export demand.

Copper prices rose by 0.65 per cent on Wednesday after Gross domestic product in the euro zone rose more-than-expected in the last quarter signaling developing sentiment in the region which raised the demand outlook for the metal. In a report, Eurostat said that GDP rose to a always adjusted 0.4 per cent, from 0.5 per cent in the preceding quarter whose figure was revised up from 0.3 per cent

Red Metal continues to assess properties within the resource-rich III Region in Chile, extending its exploration with Quantec Geoscience.

Red Metal Resources is a mining and exploration company with copper-gold assets in Chile Region III. The company has four fully owned projects: Farellon, Perth, Mateo and Veta Negra.

Weak regional markets and S&P's downgrade of Spain's sovereign rating brought an end to Hong Kong's sharp six-day rally. Chinese inflation figures came out in line with expectations at 6.1%.

Gold has been used throughout history as money and has been a relative standard for currency equivalents specific to economic regions or countries. Many European countries implemented gold standards in the latter part of the 19th century until these were dismantled in the financial crises involving World War I. After World War II, the Bretton Woods system pegged the United States dollar to gold at a rate of US$35 per troy ounce. The system existed until the 1971 Nixon Shock, when the US unilaterally suspended the direct convertibility of the United States dollar to gold and made the transition to a fiat currency system. The last currency to be divorced from gold was the Swiss Franc in 2000.trade4target systems are simply systems that base trades off of breakouts of recent consolidation areas.Since 1919 the most common benchmark for the price of gold has been the London gold fixing, a twice-daily telephone meeting of representatives from five bullion-trading firms of the London bullion market. Furthermore, gold is traded continuously throughout the world based on the intra-day spot price, derived from over-the-counter gold-trading markets around the world (code "XAU"). The following table sets forth the gold price versus various assets and key statistics:

US stock futures point to a sharply lower open Tuesday following the long weekend as conditions continue to deteriorate in Europe. The German DAX has been the weakest index over the last month.

Red Metal's aggressive growth strategy, which entails acquiring, exploring and developing gold-copper projects, has positioned them well to benefit from the ascent of precious metals.

Recognizing the ongoing strength of gold in light of the tenuous economic nature of the moment, exploration outfit Red Metal Resources continues to pursue a strategy of aggressive growth.

Red Metal Resources is a copper-gold company with interest in Chilean mines. The company looks especially appealing as its copper-gold offerings remain relevant regardless of the economy.