Gold Silver Reports (GSR) – Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy — The U.S. Treasury on Sunday lifted sanctions on the core empire of Russian tycoon Oleg Deripaska, including aluminum giant Rusal and its parent En+, despite a Democrat-led push to maintain them.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold Hovers Around $1300 Bulls Have Momentum
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Gold Silver Reports (GSR) – European and Asian stock markets were mostly weaker overnight. U.S. stock indexes are pointed toward lower openings when the New York day session begins. There is some risk aversion in the marketplace to start the trading week, which is also benefitting the safe-haven gold and silver markets.
US Ban May offer India and China Feast of Cheap Venezuelan Oil – Gold Silver Reports
If the US decides to deploy a slate of sanctions that it’s said to have drafted against the Latin American nation, American refiners — the No. 1 consumer of Venezuelan crude exports — would be forced to cease purchases.
Gold Bounces as Mounting Concerns of an Economic Slowdown
Gold Silver Reports (GSR) – Spot gold was up 0.3 percent at $1,282.80 an ounce at 1323 GMT, recovering from a dip on Monday to its lowest since Dec. 28 at $1,276.31. U.S. gold futures were little changed at $1,282.
US President Donald Trump said on Saturday there has Been Progress toward a Trade Deal with China
Gold Silver Reports (GSR ) – Spot gold had risen 0.2 per cent to $1,282.71 per ounce by 0103 GMT, while US gold futures were steady at $1,282.50 per ounce.
Investing in gold? Go the bond way
Gold Silver Reports (GSR) – The Reserve Bank of India (RBI) on Friday announced series 5 of the sovereign gold bond scheme for this financial year.
Gold Bond Scheme 2018-19 – Series Launched, Nominal Value of the Bond is Fixed @ Rs 3,214 per gram
The new series of sovereign gold bonds opened for subscription today and will close on 18 January. The date of issuance will be 22 January.