Gold Silver Reports ~ India’s banks, struggling to boost mainstay corporate loans, are finding a bright spot in a home-buying spree in the country’s towns that has driven mortgage-loan growth to the fastest rate in at least six years.
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India Gold Discounts, Lunar New Year Biggest Festive Season
Gold Silver Reports ~ Physical gold demand in China was slow this week in the run-up to the Lunar New Year holiday, its biggest festive season, while Indian sellers increased discounts amid weak appetite for the metal.
Gold Slip as Investors Profits Booking
Gold Silver Reports ~ Gold fell by 1 percent on Thursday, pressured by earlier strength in equity markets on the back of a rally in oil rates, with bullion investors book profit in gains from the Wednesday’s rally to 12-week highs.
Gold Price Recover in 2016 ? Reuters Survey
Gold Silver Reports ⇒ Demand from Asia and further contraction in global mine production will prompt gradual recovery of gold prices in 2016, especially in the second half, according to Thomson Reuters GFMS survey. “We expect a slow recovery in 2016 in dollar terms, with the gold price trading above $1,200/oz towards year-end, and averaging $1,164/oz.”
Gold Investor Caution Before Fed Statement
Gold Silver Reports ~ Gold steadied below a 12-week peak on Wednesday as investors remained cautious ahead of the Federal Reserve’s first policy statement of the year, which is expected to give clues on interest rates.
Federal Reserves 1st Policy Statement of The Year
Gold Silver Reports ~ Gold steadied below a 12-week peak on Wednesday as investors remained cautious ahead of the Federal Reserve’s first policy statement of the year, which is expected to give clues on interest rates.
Copper Prices Trade Higher As China Demand
Gold Silver Reports ~ LME Copper prices traded higher by 0.2 percent as Copper premiums in China rose to $95-$100 last week, the highest since late October as Chinese stockpiling picked up ahead of next month’s Lunar New Year. besides,