Gold Silver Reports (GSR ) – Gold prices slipped today on sluggish demand from local jewellers and weak overseas trend. In Delhi, gold of 99.9 per cent and 99.5 per cent purity shed ₹ 50 each to ₹ 31,200 and ₹ 31,050 per 10 gram, respectively, according to PTI.
Emerging Market
Saudi Arabia Emerging-Market Tag Comes With Sobering History
Gold Silver Reports (GSR) – Saudi Arabia Emerging-Market Tag Comes With Sobering History — The Saudi stock benchmark advanced to the highest since 2015 last week before FTSE Russell said it’s classifying the country as a secondary emerging market, with actual inclusion set to happen in stages starting a year from now. MSCI Inc., which has more investors tracking its emerging-market indexes, may make a similar decision in June.