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Gold Silver Reports — The index of mineral production of mining and quarrying sector for the month of January (new Series 2004-05=100) 2017 at 146.1, was 5.3% higher as compared to January 2016. The cumulative growth for the period April- January 2016-17 over the corresponding period of previous year has been (+) 1.4 percent.
Gold Silver Reports — Even as India waits to get its gold spot exchange, BSE chief Ashishkumar Chauhan is exploring the possibility of launching a spot gold segment on the exchange’s wholly-owned subsidiary, India International Exchange (INX), at Gujarat’s GIFT City .
Gold Silver Reports — Investors may be better off with silver rather than gold. The Federal Reserve’s pledge to stick to its dovish outlook on U.S. monetary policy has fueled a rally in precious metals and silver usually beats its more valuable peer in a rising market.
Gold Silver Reports — The top three most-actively traded gold options are bets on further price gains. The price on the option giving holders the right to buy bullion futures for April delivery at $1,250 an ounce tripled by 10 a.m. on the Comex in New York, with volume more then doubling from the previous day. Futures headed for the steepest climb in eight months on Thursday.
Gold Silver Reports — Gold is trying to edge up after the recent slide. A near two month low around $1200 per ounce seems to be working for the metal. However, the Fed is in focus and overall sentiments are choppy.
Gold Silver Reports — Gold Investors Asking What’s After March Hike — Gold futures posted the longest slump since mid-2015 as momentum in the U.S. labor market bolsters the prospect of multiple U.S. interest-rate increases this year.
Gold Silver Reports — Natural gas futures jumped during Wednesday’s session amid bullish technical signals just one day before the U.S. Energy Information Administration is scheduled to release its weekly inventory update.