Indian equity markets, which have rallied since Finance Minister Nirmala Sitharaman announced corporate tax cuts last week, will scale new highs before the bi-monthly monetary policy due in October.
Gold and silver pull in the bid on risk-off US session – Gold Silver Reports
Precious metals were once again on the rise as geopolitical matters remain at the fore of investor decision-making processes. Spot Gold rallied from a low of $1515.77 to a high of $1535.60 to around 0.80% higher on the day while the white metal, Silver, eked out a higher high of $18.74 having climbed from $18.25. The Gold and Silver ratio added 0.73% to its upside correction.
विदेशों में सोने-चांदी कीमती धातुओं में रही तेजी
विदेशों में सोने-चांदी कीमती धातुओं में रही तेजी के बीच दिल्ली सरार्फा बाजार में सोना 100 रुपये चमककर 38,770 रुपये प्रति 10 ग्राम पर और चाँदी 550 रुपये उछलकर 47,850 रुपये प्रति किलोग्राम पर पहुँच गयी।
Trade War – China’s New Tariff Waivers Boost Risk, GBP Awaits UK Supreme Court Ruling
Trade War – The market mood improved on fresh US-Sino trade optimism, after the US Treasury Sec. Mnuchin said trade talks with China will resume in two weeks. Further, China’s announcing new waivers to buy US soybeans offered a fresh boost to risk. Upbeat US PMI report also buoyed the sentiment.
Gold Forecast – Spot gold extends recovery and tested 12 Sep spike high at $1524
Gold Forecast 2019
Spot gold extends recovery through $1520 barrier (50% retracement of $1557/$1483) on Monday and tested 12 Sep spike high at $1524.
The Safe Heaven Status is Still Supporting Gold – Gold Silver Reports
US gold futures prices inched lower on Monday as investors sought more clarity on US-China trade talks, while escalating tensions in the Middle East provided some support.
Gold Spot Exchange India: सरकार ने गोल्ड स्पॉट एक्सचेंज की तैयारी पूरी
Gold Spot Exchange India: सरकार ने गोल्ड स्पॉट एक्सचेंज की तैयारी पूरी कर ली है। जल्द ही इसका नोटिफिकेशन जारी हो सकता है। गोल्ड प्राइस टूडे को सूत्रों से एक्सक्लूसिव खबर मिली है कि गोल्ड स्पॉट एक्सचेंज से जुड़े कानून अंतिम चरण में है।