Gold Silver Reports (GSR) – Gold Price Seen ‘Moving North’ as World Fails to Replace Output — “Gold has a much higher probability of moving north as opposed to south,” Letwin said in an interview at a mining conference in Hong Kong on Thursday. “I’ve been around a long time; when you’re in an industry that’s not replacing what it produces, eventually, the price has to move up.”
Neal Bhai
Asia Stocks Mixed on New Trade Move
Gold Silver Reports (GSR) – Japanese shares fluctuated, while South Korean equities drifted. Futures on the S&P 500 Index declined following three days of gains for the underlying cash index that were driven in part by comments from White House officials indicating talks were in the offing between the world’s top two economies. Chinese markets are shut for a holiday. Crude oil prices dropped and gold rose. Treasuries recovered from recent losses.
Nifty Shed Over 1% As U.S.-China Trade War Intensifies
Gold Silver Reports (GSR) – Nifty Shed Over 1% As U.S.-China Trade War Intensifies – European Shares Decline – Trade tensions once again were the central focus …
Stocks Rally Third Day as Trump Team Eases Stance
Gold Silver Reports (GSR) – Stocks Rally Third Day as Trump Team Eases Stance — The S&P 500 Index bounced back from Monday’s selloff as investors grew more confident the administration’s protectionist rhetoric wouldn’t result in equally stringent policy. The rally took stocks to a two-week high. The dollar strengthened for the third time this week, while the 10-year Treasury yield popped above 2.82 percent.
Gold Seen Rising as Canadian Miner Eyes Lack of Exploration
Gold Silver Reports (GSR) – Gold Seen Rising as Canadian Miner Eyes Lack of Exploration – “Gold has a much higher probability of moving north as opposed to south,” Letwin said in an interview at a mining conference in Hong Kong on Thursday. “I’ve been around a long time; when you’re in an industry that’s not replacing what it produces, eventually, the Gold price has to move up.”
RBI On Developmental & Regulatory Policies
RBI On Developmental & Regulatory Policies 📌 Mandatory loan component in working capital facilities. 📌 Not necessary to activate counter cyclical capital buffer at this point. 📌 All payments …
Monetary Policy: RBI KEEPS REPO RATE UNCHANGED AT 6% AS EXPECTED
Monetary Policy: RBI KEEPS REPO RATE UNCHANGED AT 6% AS EXPECTED Banking Shares Extend Gains As RBI Keeps Rate Unchanged Gauge of banking shares on the …