Day: February 23, 2018
Silver To SKYROCKET In 2018? – By David Morgan Report – VIDEO – By Goldman Neal Bhai Reports
Silver To SKYROCKET In 2018? – By David Morgan Report – VIDEO – By Goldman Neal Bhai Reports – INDIA 🇮🇳
Gold Report: Newmont Mining Poised for growth in Gold Sector
Gold Silver Reports – Gold Report: Newmont Mining Poised for growth in Gold Sector — Newmont Mining Corp laid out plans Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world’s largest bullion producer in 2018.
Barclays Reports £1.9bn Loss Amid Trump Tax Changes
Gold Silver Reports – Barclays reports £1.9bn loss amid Trump tax changes — Hefty charges related to Donald Trump’s corporate tax changes, the cost of exiting Africa, the collapse of Carillion and legal battles pushed Barclays nearly £2bn into the red last year. Chief executive Jes Staley, who hailed a year of “considerable strategic progress,” collected a pay package of £3.9m, down from £4.2m, with his annual bonus cut to £1.07m from £1.3m and benefits also down, while his salary stayed at £2.4m.
Indian Jewellers Shy Away as High Gold Prices Dent Appetite
Gold Silver Reports – Indian Jewellers Shy Away as High Gold Prices Dent Appetite — High local prices hit physical gold demand in India this week while activity in most other Asian centres remained subdued due to the Lunar New Year holiday.
Jewellery Stocks Down, Gitanjali Gems Shares Tank 60% – PNB Fraud
Gold Silver Reports – Jewellery Stocks Down, Gitanjali Gems Shares Tank 60% – PNB Fraud — While Mehul Choksi-promoted Gitanjali Gems Ltd has lost around Rs435.91 crore or nearly 60% of its market value ever since the fraud at Punjab National Bank (PNB) came to light, the steep erosion has hammered other jewellery stocks as well.
Axis Bank asks CIO Amit Sethi to Resign, Goldman Neal Bhai Reports INDIA
Gold Silver Reports – Axis Bank asks CIO Amit Sethi to Resign — Axis BankBSE -0.08 % has asked its president and chief information officer Amit Sethi to resign. Sethi’s exit from the country’s third-largest lender followed a complaint from a whistleblower regarding the functioning of the bank’s technology department, which he headed, said two sources familiar with the development.