The Economy and Direction of Monetary Policy

The Economy and Direction of Monetary Policy

Gold Silver Reports ~ U.S. stocks declined in thin trading as commodity shares followed crude prices lower, while investors awaited further clues on the economy and direction of monetary policy.            

Read More →

Silver MCX Trading Levels 37150 to 38850

Silver MCX Trading Levels 37150 to 38850

Gold Silver Reports ~ Silver on MCX settled unchanged at 37864 as investors sought assets seen as havens from risk after deadly bomb attacks hit Brussels airport and a rush-hour Metro train in the Belgian capital.

Read More →

Crude Oil Slip Weighs on Commodity Currencies

Crude Oil Slip Weighs on Commodity Currencies

Gold Silver Reports ~ Crude oil fell, extending declines below $40 a barrel as the dollar reasserted itself following last week’s selloff and data showed the first increase this year in the number of U.S. rigs. Australian stocks swung between gains and losses.     

Read More →

India Jewelers End Strike Against New Excise Tax

India Jewelers End Strike Against New Excise Tax

Gold Silver Reports ~ Jewelers in India, the world’s 2nd-biggest gold consumer, ended a strike to protest against a new tax announced in the budget after the government assured them the charges won’t lead to harassment by authorities.

Read More →