Gold Silver Reports – Full Text of RBI Monetary Policy Minutes -Worry that rising consumer prices will threaten the Indian central bank’s inflation target of 4% led the majority of the Reserve Bank of India’s monetary policy committee to vote to keep rates steady, according to minutes issued on Wednesday. Here is the full text of the bi-monthly monetary policy statement of RBI’s Monetary Policy Committee.
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North Korea Threats Won’t Intimidate Australia, Minister Says
Gold Silver Reports – Australia pledged to continue to support allies seeking to curb North Korea efforts to build a nuclear arsenal after Pyongyang warned of the risks of siding with President Donald Trump’s administration.
Tillerson Pledges Diplomacy With North Korea ‘Until the First Bomb Drops’
Gold Silver Reports – Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.”
Scientists Find $1.8 Million Worth of Gold in Swiss Wastewater
Gold Silver Reports – Scientists Find $1.8 Million Worth of Gold in Swiss Wastewater – Switzerland’s gold refineries may want to consider starting a recycling program.
Four Ships Banned From All Ports for Violating North Korea Sanctions
Gold Silver Reports – Four Ships Banned From All Ports for Violating North Korea Sanctions – The U.N. Security Council has banned all nations from allowing four ships that transported prohibited goods to and from North Korea to enter any port in their country.
India Anti-Money-Laundering Rule Reversal
Gold Silver Reports – India Anti-Money-Laundering Rule Reversal – Shares of jewelers climbed in India after the government withdrew an order that brought the industry under anti money-laundering legislation, a move that comes just as gold buying improves before the Hindu festival of Diwali, the peak season for demand.
A Commodity Superpower Asks What If India Is the Next China?
Gold Silver Reports – A Commodity Superpower Asks What If India Is the Next China? – India has the potential to boost consumption of everything from copper to iron ore as its economy expands over the next two decades and more people flock to its cities, according to projections from the Australian government that try to fathom whether the country will emulate China.