" /> Gold Up As Equities Down | Gold Silver Reports
Friday, October 28th, 2016 12:11 AM
Breaking News

Home / Articles / Gold Up As Equities Down

Gold Up As Equities Down

Gold Up As Equities Down

Gold Silver Reports ~ Gold’s safe have appeal has been restored as US equities started to spiral downwards. Globally, spot gold was up 2.1 percent at $1,234.50 an ounce.

Equities ended 3-day rally on Wall Street as Wal-Mart Stores shares plunged affaecting the retail stocks amid retreating oil prices.

Assets in SPDR Gold Trust, the world’s top gold ETF, rose 0.38 percent to 713.63 tonnes on Thursday. Switzerland’s gold exports fell to a three-month low in January as combined-shipments to China and Hong-Kong slip sharply from the previous month’s highly elevated level.

Fedminutes released a day earlier on Wednesday showed that the committee has been divided about the timing of the tightening. Some members felt that delays could lead to high inflation and others expressed concern that premature rate hikes may pose threat progress in the economy and labour markets. ~ Neal Bhai Reports

About Anil Yadav

Check Also

Jubilant Food Sales Growth Can’t Mask Margin Woes

Neal Bhai Reports — Jubilant Food Sales Growth Can’t Mask Margin Woes — Shares of Jubilant FoodWorks fell the …

  • हाजिर में आज सोने का दाम करीब 550 रुपये उछल गया है। दरअसल कल रात को अंतरराष्ट्रीय बाजार में जोरदार तेजी आई थी, जिसका असर आज हाजिर में दिख रहा है। अंतरराष्ट्रीय बाजार में अब ऊपरी स्तर से दबाव दिख रहा है। फिलहाल एमसीएक्स पर सोना 0.25 फीसदी की बढ़त के साथ 29375 रुपये पर कारोबार कर रहा है। हालांकि चांदी 0.25 फीसदी टूटकर 37430 रुपये पर आ गई है।

  • कच्चे तेल में कारोबार के शुरुआत से ही दबाव बना हुआ है। एमसीएक्स पर कच्चा तेल करीब 2 फीसदी फिसलकर 2250 रुपये पर आ गया है। नैचुरल गैस में 0.2 फीसदी की तेजी दिख रही है और इसका भाव 128 रुपये के आसपास नजर आ रहा है।

We Make Ideas


Our site is objectively in letter and spirit, based on pure Technical Analysis. All other content(s), viz., International News, Indian Business News, Investment Psychology, Cartoons, Caricatures, etc are all to give additional ambiance and make the reader more enlightening. As the markets are super dynamic by very nature, you are assumed to be exercising discretion and constraint as per your emotional, financial and other resources. This blog will never ever create rumors or have any intention for bad propaganda. We report rumors and hear-say but never create the same. This is for your information and assessment. For more information please read our Risk Disclaimer and Terms of Use.

Technically Yours,

Team GoldSilverReports.com, New Delhi, INDIA