मुंबई.देश में सोने के भाव में गिरावट का दौर जारी है। इसकी वजह अंतरराष्ट्रीय स्तर पर अमेरिका-चीन ट्रेड वाॅर, डॉलर का मजबूत होना और सोने की मांग कमजोर होना है। डॉलर के मुकाबले रुपए के कमजोर होने के बावजूद बीते डेढ़ महीने में सोने के दामों में करीब 4.33% की गिरावट दर्ज की गई है। इससे सोने में निवेश करने वाले लोग निराश हुए हैं। बाजार विश्लेषकों और कारोबारियों के मुताबिक, अभी एक महीने तक सोने के भाव लगभग स्थिर रहने की उम्मीद है।
Commodity News
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Gold Prices Recover on Positive Global Cues – Gold Silver Reports
Gold Silver Reports (GSR) – Marketmen said firm global cues where gold inched up as the US dollar slid lower after strong US economic growth data while concerns remain about trade tensions between the US and Europe, attributed the recovery in gold prices, the agency reported.
Russia is Dumping Its US Bonds for Gold, But Where Is It Storing Its Bullion?
Gold Silver Reports (GSR) – Russia’s gold reserves rose to 1,944 tons as of June 2018, up from less than 500 tons just a decade ago. The holdings, amounting to over 17 percent of Russia’s total foreign reserves, were shored up in part by offloading some $77 billion worth worth of its US Treasury bills, bonds and notes over the last six months or so.
India’s Sun Gold and China National Gold are Launching a Joint Gold Mining Project in Russia’s Siberia Region
Gold Silver Reports (GSR) – In 2016, the sides agreed that Sun Gold would sell a 70-percent stake in the project, the Kluchevskoye gold deposit, to China National Gold, a major global gold producer. The Chinese gold company would in turn contribute its development expertise.
Forex – Euro/USD Below 1.16500, Down Really Start, Sell On Rise, Think What Next in Gold – Silver
Forex Euro/USD Below 1.16500, Down Really Start, Sell On Rise, Think What Next in Gold – Silver
Technical Power of CFA’s
(CHARTRED FINANCE ANALYST)
HDFC Bank Falls On Q1 Profit Miss
Gold Silver Reports (GSR) – HDFC Bank Ltd shares fell 1.5% to Rs 2,157 after the bank reported lower-than-expected June quarter earnings. The bank reported an …
Gold Price Maintains Uptrend on Global Cues, Jewellers’ Buying
Gold Silver Reports (GSR) – In the national capital, gold of 99.9% and 99.5% purity advanced by ₹130 each to ₹30,970 and ₹30,820 per 10 grams, respectively. The precious metal had gained ₹40 in the last two days. Sovereign, however, remained unchanged at ₹24,700 per piece of eight grams.