Binani Industries Falls After NCLAT Rejects Contempt Plea

Gold Silver Reports (GSR) – Binani Industries Falls After NCLAT Rejects Contempt Plea — Shares of the Mumbai-based cement and zinc maker fell as much as 4.7 percent to Rs 84.35 after the National Companies Law Appellate Tribunal (NCLAT) rejected Binani Industries’ contempt plea against the Resolution Professional.

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ETF Investors Outsmart Hedge Funds Who Miss Out as Gold Rebounds

Gold ETFs

Gold Silver Reports (GSR) – ETF Investors Outsmart Hedge Funds Who Miss Out as Gold Rebounds – Hedge funds could learn a thing or two from exchange-traded fund holders, at least as far as the gold market is concerned. As a trade war between the U.S. and China broke out, bullion futures posted their best weekly gain in two years on demand for a haven. Unfortunately for the funds, they were too focused on interest rates to anticipate the move.

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Oil Marketing Companies Fall Tracking Surge In Crude Price

Gold Silver Reports (GSR) – Oil Marketing Companies Fall Tracking Surge In Crude Price — Shares of the state-run oil marketing companies — Bharat Petroleum, Indian Oil and Hindustan Petroleum fell after Brent Crude moved above $70 per barrel to trade close to fresh 52-week high.             

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