Gold Silver Reports – Gold Steadies Near 6-Month High as Other Markets Flash Red – As the equities selloff spread from Asia to Europe, gold proved its status as a safe haven.
Day: February 6, 2018
Gold Jewelry Demand Seen at 20-Year Low in United Arab Emirates
Gold Silver Reports – Gold Jewelry Demand Seen at 20-Year Low in United Arab Emirates – Gold jewelry demand in the United Arab Emirates sank to a 20-year low last year, thefourth consecutive annual decline, the World Gold Council said.
MCX Silver Support Level 38353, Buy on Dips Target 39444—40125
Gold Silver Reports – MCX Silver Support Level 38353, Buy on Dips Target 39444—40125 — Technically Silver market is under long liquidation as market has witnessed drop in open interest by 0.27% to settled at 18729 while prices down 98 rupees.
India Likely to Continue Sugar Exports in 2018-2019 Season
Gold Silver Reports – India likely to continue sugar exports in 2018-2019 season — India is likely to continue exporting sugar in the 2018-2019 season, Abinash Verma, director general of the Indian Sugar Mills Association, said on Tuesday.
India’s Gold Demand up 9% to 727 Tonnes in 2017, says WGC Report
Gold Silver Reports – India’s gold demand up 9% to 727 tonnes in 2017, says WGC report — India’s gold demand grew by 9.1% to 727 tonnes in 2017 due to low prices coinciding with Dhanteras, positive economic backdrop and improved consumer sentiment especially in rural areas, according to a World Gold Council (WGC) report.
Market Live: Sensex trades 1,000 points lower, Nifty near 10,300, BSE Realty falls 5%
Gold Silver Reports – Market Live: Sensex trades 1,000 points lower, Nifty near 10,300, BSE Realty falls 5% — Investors lost around Rs4.95 trillion amid sell-off in the broader market on Monday when benchmark Sensex slumped nearly 1,274.35 points to 33,482.81 points, while Nifty declined 371.40 points to 10,295.15, tracking global selloff.
Ex-Goldman Volatility Trader Sees More Blood Before Rout Ends
Gold Silver Reports – Ex-Goldman Volatility Trader Sees More Blood Before Rout Ends – Makoto Yamada, who traded index-linked derivatives including volatility at Goldman Sachs Group Inc. before joining a Japanese brokerage, sees more pain before the stock rout ends.