Trend Up ⇒ Buy Gold MCX Between 28350 – 28450, Stop Loss – 27959 Target – 28840 ↔ 29030
Trend Up ⇒ Buy Silver MCX Between 37150 – 37350, Stop Loss – 36480, Target – 38230 ↔ 38880
Japan Inflation Picks Up in November But Still Well Below Target
Gold Silver Reports – Japan Inflation Picks Up in November But Still Well Below Target — Japanese inflation unexpectedly sped up in November but prices are still rising at less than half the rate targeted by central bank.
China Exceeds Target for Household Gas Projects
Gold Silver Reports – China’s Ministry for Environmental Protection (MEP) said it had completed coal-to-gas and coal-to-electricity projects for 3.9 million households or 25,220 villages, exceeding a target of 3.1 million houses for 2017 in northern Chinese regions.
Digital Coins Resume Selloff as Recovery Fizzles
Gold Silver Reports – The biggest cryptocurrencies resumed their decline on Sunday, failing to reverse a selloff that began when bitcoin’s unprecedented rally fell short of breaking above $20,000.
North Korea Rejects New Sanctions, Vows to Avenge Sympathizers
Gold Silver Reports – North Korea rejected tighter United Nations sanctions aimed at curbing its nuclear expansion, describing the move as an “act of war” and vowing to avenge U.S. sympathizers who approved it.
Sensex, Nifty hit Fresh Record highs led by TCS, Infosys Rally
Gold Silver Reports – Stock indices on Friday closed on a higher note ahead of Christmas as benchmarks Sensex and Nifty rallied to all-time peaks, with IT, technology and capital goods leading the gain. While the Sensex inched near 34,000, the Nifty ended slightly short of 10,500. In intraday, both scaled life highs.
Bitcoin Climbs, Finding Floor After Worst Selloff Since 2015
Gold Silver Reports – Bitcoin clawed its way upward on Saturday along with most cryptocurrencies, halting a four-day tumble that drew worldwide attention to the unregulated $500 billion market that’s frequently called a bubble.