Still a Long Way to Go; FDI in India

Still a Long Way to Go; FDI in India

Gold Silver Reports — India’s foreign direct investment (FDI) inflows have picked up consistently in the last three years and it is one of the top 10 destinations in the world , but these investments are still small compared to the economy and in the overall global scheme of things.

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Gold Hit Biggest Loss in 4 Weeks

Gold Hit Biggest Loss in 4 Weeks

Gold Silver Reports — Gold posted the biggest loss in four weeks on speculation that a vote by Britons to stay in the European Union in Thursday’s referendum will undercut demand for the metal as a haven. Silver also fell, and copper rallied.

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yellen speech

Bullion Market Ignores Yellen

 

Gold Silver Reports — Even Janet Yellen can’t seem to distract the Bullion (Gold) market from this week’s Brexit vote. In congressional testimony, the Fed chair signaled that her optimism in the U.S. economy had softened.

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Brexit Impact Gold Report

Brexit Impact Gold ReportGold Silver Reports — Concerns over Britain’s exit from EU are brewing hurting the prospects of gold prompting the yellow metal to decline globally for the third time in four days. Market is weighing on the result of a referendum which decides whether the UK will stay in the European Union or not.

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Gold, Silver Jump on jewellers Buying

Gold, Silver Jump on jewellers Buying

Gold Silver Reports — Gold and silver firmed up in Delhi bullion market on Tuesday on scattered buying by jewellers at the domestic spot market, even as the precious metals weakened overseas. While gold gained Rs.100 to Rs.29,750 per ten grams, silver rallied by Rs.300 to Rs.41,500 per kg.

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