Gold Silver Reports — Tata Motors Brakes on Brexit as Net Slips 57% in Q1 — BEND IN THE ROAD Co posts net of Rs 2,236 crore but takes a forex loss of Rs 1,800-crore plus, weaker product mix also has an impact Read More »
Gold Silver Reports — Time Correction Has Started in Indian Markets: Credit Suisse — GROWTH PANGS Confidence in future earnings and broader economic revival, needed for broader markets to do well, unlikely before the end of this year, says brokerage Read More »
Gold Silver Reports — Rate-Hike Case has Strengthened: Yellen — Fed chief says continued performance of labour market and outlook for economic activity and inflation solid enough for hikes `over time’ Read More »
Gold Silver Reports — September Fed Bets Jump to 1-in-3 From Zero as Yellen Speech Key — Traders see one-in-three odds of higher U.S. interest rates next month as more Federal Reserve officials joined the chorus arguing the case for policy tightening before Chair Janet Yellen speaks Friday . Read More »
Gold Silver Reports — Is the Strong Dollar Really Strong? — The Treasury Department of US government, under Secretary Ja cob J Lew, is unwavering in its allegiance to the strong dollar, though the policy is looking more like a relic: Read More »
Gold Silver Reports — Central Banks Ain’t Buying Gold Like They Used to — The world’s central banks are still net buyers of gold, but they may be slowing down those purchases. Central banks bought an estimated 166 tonnes of gold and sold 22 tonnes in the first half of 2016, according to Macquarie analysts, making a net purchase of 144 tonnes. This was not much changed from the net purchases they made in 2013 and 2014, but it was less than the 179 tonnes they bought at the same time last year, Matthew Turner and his team wrote in a note this week.
Gold Silver Reports — With Prices at Rs 1,000 a kg, Illegal Guatemalan Cardamom Sneaks in — With small cardamom prices touching . 1,000 per kg after a gap of nearly a decade follo` wing output slump, traders are complaining of an influx of Guatemalan cardamom illegally into the country to mix with the local variety.
A bumper crop last year has ensured that the daily cardamom auctions in Kerala and Tamil Nadu haven’t stopped despite a drought before monsoon damaging the crop and delaying the harvest season in Kerala. Read More »
Gold Silver Reports — Inflation Gains Call for Near-term Rate Hike: Fed Prez — Federal Reserve Bank of Kansas City President Esther George said the US labour market nearing full employment and inf lation rising toward the central bank’s target should prompt higher interest rates.
“I thought it was time to continue the process of normalisation of interest rates“ in July, George said in an interview. “When I look at where we are with the job market, when I look at inflation and our forecast for that, I think it’s time to move.“ Read More »
Gold Silver Reports — Fed Cannot Act According to the Pre-set Calender — In December, Federal Reserve officials indicated that they planned to raise interest rates by a quarter percentage point every three months for the next three years. That framework is in disarray , leaving investors and the general public guessing about how the Fed plans to manage the economy. Read More »
GOLD MCX CMP @31018
After Melting Gold Silver Yeh Dil Maange More Read More »