Gold Silver Reports – RBI Monetary Policy Today: Four Things to Watch out For – The Reserve Bank of India’s (RBI) monetary policy committee (MPC) is scheduled to announce its policy decision at 2:30pm on Wednesday. Given the rising risk of inflation overshooting the central bank’s target, the market is expecting status quo on policy rates.
Gold Silver Reports – Gold prices rose on Wednesday after hitting a seven-week low in the previous session, buoyed as the dollar pulled back from a one-and-a-half-month high against a basket of currencies.
Gold Silver Reports – Indian rupee strengthened against the US dollar ahead of the Reserve Bank of India’s (RBI) bi-monthly policy decision due after 2.30pm on Wednesday.
Gold Silver Reports – Gold Market, Global Tensions Prompt a Surge in ETFs – Gold prices may have had a lousy month, dropping by the most this year on a resurgent dollar, but holdings in exchange-traded funds have jumped, with the worldwide total rising to the highest level since November.
Gold Silver Reports – Rating agencies give contrasting views on Indian firms’ credit quality | Has credit quality of corporate India improved in the first six months of fiscal 2018? The answer may depend on which rating agency you want to believe.
Gold Silver Reports – The Reserve Bank of India (RBI) is unlikely to cut interest rates, ignoring demands for easing monetary policy after economic growth slowed to the weakest pace in at least three years, as risks of inflation exceeding the central bank’s target remain.