Gold Silver Reports – A bidding war has emerged for Australian oil and gas explorer AWE Ltd. after Perth-based Mineral Resources Ltd. made an all-share takeover offer, challenging an increased all-cash bid by China Energy Reserve & Chemicals Group Co.
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.
Mutual Funds Log Rs1.26 Trillion inflow in November
Gold Silver Reports – Investors have pumped Rs1.26 trillion into mutual funds in November, driving industry assets under management to an all-time high of Rs21.8 trillion. With the latest inflow, total infusion in MF schemes reached Rs3.8 trillion in the first eight months (April- November) of the current fiscal, latest data with Association of Mutual Funds in India (Amfi) showed.
Why the Stock Wobble Isn’t Helping Gold
Gold Silver Reports – Why the Stock Wobble Isn’t Helping Gold – Falling stock prices and geopolitical risks haven’t done much to support gold amid expectations of tighter U.S. monetary policy.
Sebi May Allow Mutual Funds, Portfolio Managers to Invest in Commodities
Gold Silver Reports – The Securities and Exchange Board of India (Sebi) on Thursday proposed to allow mutual funds and portfolio managers to invest in commodity derivatives market in a latest attempt to widen investments in this asset class.
Commodities Crumble Again as China Alarm Bells Sink Metals
Gold Silver Reports – Commodities Crumble Again as China Alarm Bells Sink Metals – Stocks and bitcoin may be having a stellar year, but one corner of global markets hasn’t shared the good fortune.
Aluminium MCX Sell Sell Sell Resistance key 132.10
Gold Silver Reports – Aluminium MCX Sell Sell Sell Resistance key 132.10 – Technically Aluminium market is under fresh selling as market has witnessed gain in open interest by 20.25% to settled at 4608 while prices down 1.8 rupees.
Bitcoin and Gold: A Growth Comparison | Gold Silver Reports
Gold Silver Reports – Bitcoin and Gold: A Growth Comparison – An inherent tension exists between the two major purposes of money. Currencies that are perceived as great stores of value, such as gold and bitcoin, make for poor mediums of exchange. By contrast, currencies that are effective mediums of exchange, such as fiat currencies used the world over, can make for dubious stores of value. Where a currency falls on the store of value versus medium of exchange spectrum influences its usefulness as a unit of account and a standard of deferred payment.