Gold Silver Reports — India’s Forex Reserves Poised to Top $400 Billion for First Time Ever — India’s foreign-exchange reserves rose past $400 billion for the first time ever, strengthening policy makers’ buffers ahead of an expected reduction in U.S. stimulus.
Gold Silver Reports — Fight for World’s Biggest Gold Mine Isn’t Over —The landmark deal that forced Freeport-McMoRan Inc. to cede controlling interest in the world’s biggest gold mine and second-largest copper mine to Indonesia may not be the final outcome as both sides prepare for a politically charged fight over the price of the asset and how it will be run, according to the U.S. company’s former chief in Indonesia.
Gold Silver Reports — Trump Advisers Warn North Korea to Give Up Weapons Programs — Somerset, N.J. (AP) — Top advisers to President Donald Trump on Sunday warned North Korea to give up its missile and nuclear weapons programs and to quit making threats against the U.S. and its allies or face destruction.
Gold Silver Reports — Gold Prices Drop on Weak Global Cues, Low Demand — Gold prices fell by Rs50 to Rs30,850 per 10 gram at the bullion market on Saturday on weak cues from overseas markets and fall in demand from local jewellers at domestic spot market. Silver followed suit and eased by Rs200 to Rs41,400 per kg due to reduced offtake by industrial units and coin makers.
Gold Silver Reports — Gold Prices Resist Selling Pressure, Global Growth Hopes Limit Support — Gold has edged lower, although overall selling pressure has still been limited with the dollar unable to gain traction against European currencies. There are still net downside risks for prices given global growth hopes.
Gold Silver Reports — Gold Prices Edge Lower, Dollar Revival Continues To Sap Support — Renewed dollar gains have triggered some selling pressure on gold, although overall selling pressure has remained limited amid underlying reservations surrounding North Korea.
