Gold Silver Reports (GSR) – Gold prices declined by Rs110 to Rs31,180 per 10 grams at the bullion market, tracking a weak trend overseas amid slackened demand from local jewellers. Silver prices also slipped below the Rs39,000-mark by falling Rs150 to Rs38,950 per kg due to reduced offtake by industrial units and coin makers.
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Powell Jumps in Driver’s Seat as Fed Weighs Speed of Rate Hikes
Gold Silver Reports – The tougher job for the Federal Reserve’s new chairman as he presides over his first gathering of the central bank’s policy-setting committee is deciding what to do next.
India Gold Prices Discounted as Festival Fails to Lure Buyers
Gold Silver Reports (GSR) – India Gold Prices Discounted as Festival Fails to Lure Buyers — Weaker demand in India prompted gold dealers to offer discounts for a 2nd week straight, as a drop in local prices to 2-week lows and a festival-failed to lure buyers.
Crude Blast on Friday Blamed on `Sideways Trading’
Gold Silver Reports (GSR) – Crude Blast on Friday Blamed on `Sideways Trading’ — Crude ended Friday higher after a curious, late-morning blast left analysts scratching their heads.
US Base Metal Import Tariffs Risk?
Gold Silver Reports (GSR) – US Metal Import Tariffs Risk? — अमेरिका ने मेटल पर इंपोर्ट ड्यूटी क्या लगाई, पूरी दुनिया के मेटल मार्केट में भूचाल आ गया है। चीन ने इस कदम पर एतराज जताया है। दरअसल अमेरिका में सबसे ज्यादा एल्युमिनियम का इंपोर्ट होता है और दुनिया में सबसे बड़ा एल्युमिनियम एक्सपोर्टर चीन है। ऐसे में अमेरिका में इसपर 10 फीसदी इंपोर्ट ड्यूटी लगने का बड़ा असर हुआ है। वहीं स्टील पर भी अमेरिका ने 25 फीसदी ड्यूटी लगाई है। स्टील का निकेल और दूसरे मेटल से भी वास्ता है। इस कदम के बाद ग्लोबल मार्केट में ट्रेड वार का खतरा बढ़ा है। ऐसे में कैसी रहेगी मेटल की चाल।
Steel Strips Wheels Gains On Repeat Order For Caravan Wheels
Gold Silver Reports (GSR) – Steel Strips Wheels Gains On Repeat Order For Caravan Wheels — Shares of the Chandigarh-based steel wheel rim maker rose as much as 3.45 percent to Rs 1,070 after it won a repeat order from European Union for 1,30,000 caravan wheels, SSWL said in an exchange filing.
Gold Struggle on Stronger Dollar, Caution ahead of Fed
Gold Silver Reports (GSR) – Gold struggle on stronger dollar, caution ahead of Fed — Gold slipped on Friday as the dollar advanced versus the yen and the euro, but the metal was still looking to post a weekly gain, while silver was set for its biggest weekly rise in 13 months.