India GDP growth in 2019-20 stood at 4% compared with the provisional estimate of 4.2%, according to the first revised estimates released by the Ministry of Statistics and Programme Implementation on Jan. 29.
GDP Growth
GDP Report Positive For Sensex, Nifty – Neal Bhai Reports
GDP Report Positive For Sensex, Nifty – Gold Silver Reports
India’s economy returned to 8 percent growth for the first time in two years, as strong consumer demand has spurred a modest revival in private investment.
Forecasters See Solid U.S. GDP Growth during Rest of 2018 – Gold Silver Reports
The U.S. economy roared ahead in the second quarter of 2018 after increasing at a modest rate in the first quarter. Economic conditions have been fueled by strong corporate profits, healthy financial market conditions, and accommodative monetary and fiscal policies. If these trends persist, buoyant economic and labor market conditions are likely over the second half of the year.
Gold Traders Await FOMC Meeting
Gold Silver Reports (GSR) – Technically, no change in the pattern. Support key around $1,220; resistance at $1,237. August sometimes can surprise. Markets are very thin and many big producers in Europe are closed or at limited capacity. Will not take much for volatility to increase.
India Managed GDP Growth in the 7% Range
Gold Silver Reports → A closer report at India’s impressive 7.3% real gross domestic product growth for the October-December quarter reveals a troubling reliance on urban consumption, casting doubt on the nation’s ability to drive global growth as China stumbles.