Global Gold Prices inch Down as US Rate Hike Looms

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Gold Prices

Gold Silver Reports – Global Gold Prices inch Down as US Rate Hike Looms – Gold edged lower on Thursday as upbeat US economic data bolstered the possibility of the Federal Reserve raising interest rates next month and beyond.

Copper MCX Sell on Rise, Trading Zone Between 432—448 Levels

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Copper MCX

Gold Silver Reports – Technically Copper MCX market is getting support key at 436 and below same could see a test of 432 levels and resistance key is now likely to be seen at 445, a move above could see prices testing 448. 

Gold Price Forecast and Report November 16, 2017

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Gold Price

Gold Silver Reports – Gold markets have had a very bullish Wednesday, breaking towards the $1292 level. That’s an area that has caused a bit of resistance in the recent trading action, and I think we will continue to see a bit of bearish pressure there.

Where are you in India’s wealth distribution?

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wealth distribution

Gold Silver Reports – Where are you in India’s wealth distribution? – Credit Suisse’s latest annual Global Wealth Report says India is home to 245,000 dollar millionaires. The country has a share of 0.7% of the global top 1% by wealth, who collectively own half the world’s total wealth. In India, 340,000 adults are part of this elite group. There are 1,820 adult Indians who have wealth over $50 million, and, at the very apex, 760 have more than $100 million.

Glencore Is Close to Creating a Mining Royalty Company

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Mining Royalty Company

Gold Silver Reports – Glencore Is Close to Creating a Mining Royalty Company – Glencore Plc is close to finalizing a $700 million deal with the Ontario Teachers’ Pension Plan to create a new base-metals royalty company, according to people familiar with the matter.

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