Indian Economy on Recovery Path

Gold Silver Reports — Ahead of the meeting of finance ministers and central bank governors of G20, the IMF said India’s economy is on a recovery path while cautioning that any deceleration in the pace of reforms will weigh on growth.

In a surveillance report released on Thursday, the IMF said lower oil prices, positive policy actions and improved confidence have helped India’s growth prospects. 

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U.S. Stock Futures Rose

U.S. Stock Futures Rose

Gold Silver Reports — U.S. stock futures rose, as early polls reinforced speculation the U.K. voted to remain in the European Union.

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Bitcoin Trades Love Gold

Bitcoin Trades Love Gold

Gold Silver Reports — Bitcoin has been trading love one of its oldest antecedents as investors speculate on the odds of Britain voting to leave the European Union in Thursday’s referendum.

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yellen speech

Bullion Market Ignores Yellen

 

Gold Silver Reports — Even Janet Yellen can’t seem to distract the Bullion (Gold) market from this week’s Brexit vote. In congressional testimony, the Fed chair signaled that her optimism in the U.S. economy had softened.

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Brexit Impact Gold Report

Brexit Impact Gold ReportGold Silver Reports — Concerns over Britain’s exit from EU are brewing hurting the prospects of gold prompting the yellow metal to decline globally for the third time in four days. Market is weighing on the result of a referendum which decides whether the UK will stay in the European Union or not.

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