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.
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 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.
Gold Silver Reports – How Fund Managers Manage the Bull Run – In the first week of December 2017, L&T Emerging Businesses Fund would most likely stop accepting inflows in excess of Rs2 lakh a day.
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.
Gold Silver Reports – Crude Oil prices tumbled on Wednesday, continuing Tuesday’s slide after the International Energy Agency cast doubts over the past months’ narrative of tightening fuel markets.
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.
Gold Silver Reports – India’s total household wealth stood at $5 trillion while the country is home to 2,45,000 millionaires, says a Credit Suisse report.