Gold Silver Sell Sell Sell, No Buying
MCX Gold Silver Red Alert
MCX Gold Silver Friday 02-03-2018 Tak Big Downside Dekhega.
Gold Prices Up by Rs190 on Firm Global Cues, Jewellers’ Buying
Gold Silver Reports – Gold Prices Up by Rs190 on Firm Global Cues, Jewellers’ Buying — Gold prices maintained its upward trend for the fourth day on Tuesday, climbing Rs190 to Rs31,850 per 10 grams, largely in line with a firm trend overseas amid sustained buying by local jewellers. However, silver prices slipped by Rs150 to Rs39,550 per kg due to reduced offtake by industrial units and coin makers.
New Rules for Chit Funds and Deposit Schemes – Gold Silver Reports (GSR)
Gold Silver Reports – New Rules for Chit Funds and Deposit Schemes – Taking advantage of low financial literacy and greed of people looking for higher returns on their investments, many fraudulent deposit schemes and chit funds have collected huge amounts of money and vanished.
Nifty Earnings Must Break Six-Year Jinx To Meet FY19 Forecasts
Gold Silver Reports – Nifty Earnings Must Break Six-Year Jinx To Meet FY19 Forecasts — Analysts expect average earnings of companies in the benchmark Nifty 50 Index to grow at its fastest pace in eight years. To be proven right, they will have to break a six-year jinx.
State-Run Banks Told To Examine Bad Loans Above Rs 50 Crore For Fraud
Gold Silver Reports – State-Run Banks Told To Examine Bad Loans Above Rs 50 Crore For Fraud — The Finance Ministry has asked public sector banks to examine all bad loans above Rs 50 crore for possible fraud.
UBS Says Modi Win In 2019 Key To India’s Rich Stock Valuations
Gold Silver Reports – UBS Says Modi Win In 2019 Key To India’s Rich Stock Valuations — Most investors have priced in Prime Minister Narendra Modi winning a second term in the 2019 elections. A change in expectations through this year could derail a rally that’s almost doubled the nation’s equity values since Modi took office four years ago.
Bank Fraud Fallout in India Spreads to Market for Trade Finance
Gold Silver Reports – Bank Fraud Fallout in India Spreads to Market for Trade Finance — The fallout from India’s biggest banking fraud is spreading to the market for trade financing, as foreign lenders become more reluctant to accept the guarantees from their local counterparts that underpin the loans.