Gold Silver Reports — China Gold Firms Pursue $1.5 Billion Indonesia Mine – Shandong Gold Group, one of biggest Chinese miners of the metal, is among firms considering bids for EMR Capital’s Indonesian gold and silver mine, people with knowledge of the matter said.
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 Rallies to a One-Year High and Spurs Record Trading Volume
Gold Silver Reports — Gold Rallies to a One-Year High and Spurs Record Trading Volume — Gold has pulled in traders like never before on its way to the highest price in a year. Volume on the Comex in New York, the largest bullion futures exchange, hit a record in August as North Korean tensions and a weaker dollar boosted demand for the metal.
Buy Everything: Gold, Stocks, Bonds All Draw Big Inflows
Gold Silver Reports — Buy Everything: Gold, Stocks, Bonds All Draw Big Inflows — Inflows were back with a vengeance the first week after the summer break as investors piled into everything from gold and government bonds to equities and high-yield credit.
Watch Gold to Figure Out Where Yen Is Going, Says UniCredit
Gold Silver Reports — Watch Gold to Figure Out Where Yen Is Going, Says UniCredit — A statistical analysis of the drivers of the dollar-yen exchange rate this year suggest that gold is the “principal” determinant, according to UniCredit SpA strategist Vasileios Gkionakis.
Goldman Sees Silver Lining for Macau Casinos Hit by Typhoon
Gold Silver Reports — Goldman Sees Silver Lining for Macau Casinos Hit by Typhoon — Macau’s pummeling by typhoons makes it unlikely China’s government will adopt a tougher stance toward the city, according to Goldman Sachs Group Inc.
Copper May Enter Corrective Phase
Gold Silver Reports — Copper May Enter Corrective Phase — Copper prices have been in a tremendous rally since bottoming out at around Rs.354 in early May, prices have since gained over 27% to reach a high of Rs.451.35 today.
Crude Oil Recovering After the Devastating Hurricane
Gold Silver Reports — Crude Oil has been recovering after the devastating hurricane Harvey shut down refineries in the US over the past week pushing gasoline prices higher and oil prices lower.