
Global Economic
Global Economic – The global economy is the worldwide system of trade, production, and finance that connects countries. It involves the exchange of goods, services, and money across borders, driven by businesses, governments, and consumers. This system shapes jobs, wealth, and growth everywhere.
Gold in Pounds Rises to Seven-Week High on Hung U.K. Parliament
Jewelers Rally as India Sets Gold Tax That’s Lower Than Expected
Gold Silver Reports — Shares of jewelers climbed in India after the government set the rate for gold under the uniform goods and services tax below expectations, signaling a potential recovery in demand in the world’s second-largest market.
Gold Seen Rising to Four-Year High as Fed ‘Gentle’ on Rates
China Factory Gauge Holds Up as Global Economic Report Improves
China’s official manufacturing gauge held up in May, buoyed by an improving global outlook.
Key Points
- Manufacturing purchasing managers index remained at 51.2 for a second straight month in May, compared with a median estimate of 51 in a Bloomberg survey of economists.
- Non-manufacturing PMI rose to 54.5
- Numbers higher than 50 indicate improving conditions
Non Ferrous Metals Post Decent Performance In April 2017
Gold Silver Reports — Non-Ferrous metals posted a decent performance in the month ending April 2017 with Zinc and Lead being star performers. Copper maintained winning stream with prices rising for fifth month in a row.
Eurozone Private Sector Growth At Six Year High
Gold Silver Reports — Eurozone private sector growth hit a fresh six-year high in April, survey results from IHS Markit showed Friday.

