Gold Silver Reports – Gold Prices Rises on Positive Global Cues, Jewellers’ Buying — Gold on Saturday rose by Rs100 to Rs31,450 per 10 gram to end its two-day slide at the bullion market on buying by local jewellers after positive global trends.
Trump Signals Metals Tariff Exemption for ‘Our Ally’ Australia
Gold Silver Reports – Trump Signals Metals-Tariff Exemption for ‘Our Ally’ Australia — President DonaldTrump said Friday that he was working on a security agreement with Australia that would exempt the country from planned tariffs on steel and aluminum imports.
Commodities Weekly Research Report 12-03-18 To 16-03-18
Trend Down ⇒ Sell Gold MCX Between 30850 – 30750, Stop Loss (CBSL) – 31131 Target – 30144 ↔ 29825
Trend Down ⇒ Sell Silver MCX Between 38950 – 39250, Stop Loss (CBSL) – 39644, Target – 38220 ↔ 37800 ↔ 37100
The Higher the Wall of Worry, The Faster the S&P 500 Climbs It
Gold Silver Reports – The Higher the Wall of Worry, The Faster the S&P 500 Climbs It — A constellation of risks that loomed on Monday, from trade tensions to the jobs report that wrecked equities last month, became reasons to buy by Friday afternoon. The S&P 500 Index ended up 3.5 percent on the week, volatility is rapidly abating and technology stocks are back at record highs.
Operators Shrink U.S. Rig Fleet for First Time Since January
Gold Silver Reports – Operators Shrink U.S. Rig Fleet for First Time Since January — U.S. oil companies curtailed activity for the first time since January as escalating output from shale fields stunted a recovery in crude prices.
Watch Out, OPEC: Busiest U.S. Oil Play Heads for Record Spending
Gold Silver Reports (GSR) – Bad news for OPEC: the epicenter of the shale boom is headed for record spending this year.
Stocks Struggle as U.S. Jobs Data Loom; Bonds Fall
Gold Silver Reports – A lull settled over European stocks before key jobs data in the U.S., where announcements of exceptions to import tariffs and surprise talks with North Korea have traders weighing the outlook for a range of assets. The dollar was steady and Treasuries declined along with euro-area bonds.