Gold Silver Reports ~ A gauge of expected swings in the Indian rupee rose to the highest level since November amid outflows from Indian stocks and bonds.
Neal Bhai
North Dakota Sour Crude at $1.50 a Barrel
Gold Silver Reports ~ Crude Oil is so plentiful and cheap in the U.S. that at least one buyer says it would pay almost nothing to take a certain type of low-quality crude.
It Feels Like
I can’t tell you what it really is, I can only tell you what it feels like. – Eminem – Neal Bhai Reports
Gold Silver MCX Weekly Trand By Neal Bhai
Gold Silver Reports ~ Gold sideways range of 25680-25780 and Silver can move in range of 33100-33300 in MCX, according to Neal Bhai Reports.
Rupee Around 65 per Dollar, According to Bank of America
Gold Silver Reports ~ Indian central bank Governor Raghuram Rajan oversaw the biggest jump in currency reserves among major developing nations and he’s not afraid to use them to help the rupee.
Goldman Expected More More Losses; Crude Oil
Gold Silver Reports ~ Mining giants including BHP Billiton Ltd. and Rio Tinto Group tumbled as commodities producers slumped along with oil on Monday, which sank after Iran secured the lifting of sanctions that have capped crude sales.
Iran Plans to Boost Crude Exports
Gold Silver Reports ~ Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in oil supplies to a market already reeling from the lowest prices in more than a decade. Shares in Tehran gained.