Gold Silver Reports (GSR) – Stocks To Watch: JSW Steel, Jubilant FoodWorks, Infibeam, Indiabulls Housing Finance – Indian equity benchmarks rose for second day in a row led by ICICI Bank, Reliance Industries and Mahindra & Mahindra. The S&P BSE Sensex rose 0.35 percent or 115 points to 33,370.63 and the NSE Nifty 50 index advanced 0.33 percent or 33 points to 10,245.
Neal Bhai
Eldorado Gold Bounces Back After Hitting Cheapest Level Since 1998
Gold Silver Reports (GSR) – A more than 40 percent plunge this year through Monday took the stock to its cheapest level in two decades on a price-to-book basis, which may have flushed out valuation seekers.
Gold Is Heading to $1400 If Trade War Breaks Out
Gold Silver Reports (GSR) – Bullion could top $1,400 an ounce in 2018 as escalating trade tensions drive investors to havens and the threedecade bull market in bonds nears an end, said Rule, who’s due to speak at a conference in Hong Kong on Wednesday. Spot gold traded at $1,337.50 Tuesday after three straight quarters of gains, while exchangetraded fund-holdings are around the highest in half a decade.
BlackRock’s $1.3 Billion Gold Fund Feels Pain of Miners
Gold Silver Reports (GSR) – BlackRock’s $1.3 Billion Gold Fund Feels Pain of Miners — The $1.3 billion BlackRock Gold and General Fund lost 15 percent last quarter, its worst performance since the third quarter of 2015. Among large materials-focused equity funds, it was the second-worst performer after another BlackRock gold fund domiciled in Japan.
Gold MCX Melting Like Ice 30900 to 30653 Enjoy Big Target 😊
Gold MCX Melting Like Ice 30900 to 30653 Enjoy Big Target 😊 Watch MCX Sell Call: Gold MCX Sell Sell Sell Between 30880— 30910 Stop Loss Paid …
MCX Silver Under Fresh Selling Trading Zone Between 37600—39300
Gold Silver Reports (GSR) – MCX Silver Under Fresh Selling Trading Zone Between 37600—39200 – Silver on MCX settled up 1.85% at 39030 boosted by the softer dollar and in escalation in trade tensions between the U.S. and China, which underpinned safe haven demand. Renewed safe-haven demand comes amid investor concerns over escalating US-China trade tensions after Beijing unveiled retaliatory tariffs on Monday overnight.
JSW Steel Buys 26% In Numetal’s India Arm To Facilitate Essar Steel Bid
Gold Silver Reports (GSR) – JSW Steel Buys 26% In Numetal’s India Arm To Facilitate Essar Steel Bid — While the Mauritius-based holding company is the resolution applicant for Essar Steel, the resolution plan will be implemented through the India entity – Nu Metal & Steel Pvt Ltd.