Gold Silver Reports — Options to have futures as underliers; one option each in agri, non-agri to be launched initially
NCDEX / MCX
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Gold Up High on Political Risks
Gold Silver Reports — Gold rose to its highest in seven weeks on Tuesday as weak economic data in the United States reduced expectations of rapid U.S. interest rate rises this year, pushing the dollar to a seven month-low and lowering U.S. bond yields.
GOLD SEES MILD SELLING AHEAD OF FED SPEAKERS
Gold Silver Reports – Gold dropped a little on profit selling today as investors turned their eyes to comments from several Federal Reserve officials. Gold futures consolidated a little yesterday as poor speculative demand capped the metal.
NCDEX Rules to Curb Benami Trading in Commo Futures
Gold Silver Reports — NCDEX Rules to Curb Benami Trading in Commo Futures — The National Commodity and Derivatives Exchange (NCDEX) issued a financial conduct framework which is expected to contribute directly in making the futures market transparent and less vulnerable to manipulation.
MMTC to Sell Gold Bars on Amazon
Gold Silver Reports — MMTC to Sell Gold Bars on Amazon — MMTC PAMP that runs a London Bullion Market Association (LBMA) refinery in Haryana, has decided to use emarket places to sell its minted gold coins and bars as it feels that investment demand for gold in India will increase in 2017 compared to 2016. The company has already tied up with e-tailing firm Amazon and more tie-ups are on the cards.
Aluminium MCX Trading Zone 105-110
Gold Silver Reports — Aluminium on MCX settled up 0.79% at 108.65 as prices hit its highest level in nearly six weeks as the dollar dipped and investors bought more risky assets ahead of a Federal Reserve meeting.
