Gold up to Rs 17,100 on wedding demand

Gold prices surged by Rs 100 to Rs 17,100 per ten gram in the bullion market here on Monday on sustained buying by stockists and jewellers to meet the marriage season demand and as investors increasingly are moving funds from the dollar into higher-yielding assets.

However, silver held steady in restricted buying at existing higher levels.

The latest price of the precious metal is just a little lower than the all-time high of Rs 17,150. Marketmen said stockists and jewellers continued to enlarge their positions to meet the current marriage season demand amid a rising trend in overseas market.

Trading sentiment remained bullish after gold climbed to an all-time high in overseas market supported by a weakening dollar. The gold in overseas markets rose by 1.1 per cent to 1,130.43 dollar an ounce.

Gold in domestic market has been on a steady advance after the Reserve Bank of India bought 200 tonnes of the precious metal from the International Monetary Fund last month, underlining a strategy of reserve diversification and strong demand for the precious metal.

Analysts said they expected central banks to emerge as net gold buyers for 2009. The yellow metal broke 1,100 dollars an ounce for the first time earlier this month following news that Sri Lanka had joined India in purchasing gold instead of the US currency.

camball - the world's smallest camcorder

The size and shape of a golf ball this tiny digital video recorder’s many unique features stand out among camcorders twice it’s size. You can shoot live videos hands-free (with the sports band or other optional accessories)listen to music on the MP3 players anduse it's motion detection function for surveillance.

Camball is perfect for outdoors and extreme sports enthusiasts with 2.5 hours of continuous recording to catch all the action.
From skateboarder’s and cyclists to skydivers, skiers, scuba-divers and surfers. There is an accessory for all to make filming fun and simple. Playing back your videos is a breeze on your PC or TV. In addition Camball can also be used as a driving recorder.
It’s easily mounted on to the dash of your car to record memories of that great road trip or serve as proof of evidence in the event of an automobile accident. Battery time is no issue when you have the USB Car Adapter and Adapter Cable to supply continuous power from your car battery.
The motion detection function makes Camball (SG31 model) a great security or nanny/baby cam or nature cam in addition to other surveillance uses in your home or retail store or office. Such versatility allows you to use Camball however you wish, whatever your needs.

Kwikset door lock with remote locking email alerts

Kwikset has announced its latest door locks. The main highlight of these locks is that they incorporate a remote locking feature that allows users to lock or unlock their door via the Internet, reveals Gizmodo. Well, this technology will surely help the absent minded professors who frequently forget to lock the door.

This door lock lets users check the remote status of the lock as well as change it via a secured internet connection. With the help of this feature users can remotely lock or unlock the door from virtually anywhere. The device is also loaded with a host of advanced features like turning on customized lighting.

CBI to probe YSR chopper crash

HYDERABAD: The Andhra Pradesh government has ordered a CBI probe into the helicopter crash that killed former Chief Minister Y.S. Rajasekhara Reddy.