Gold Silver Reports — Goldman Sees Silver Lining for Macau Casinos Hit by Typhoon — Macau’s pummeling by typhoons makes it unlikely China’s government will adopt a tougher stance toward the city, according to Goldman Sachs Group Inc.
Gold Silver Reports — Bank Borrowings Fall off the Map in June Quarter — The Reserve Bank of India’s (RBI) annual report contains another nugget of information that shows up the dismal state of the economy in the June quarter. The total flow of funds to the commercial sector declined by Rs27,300 crore during the first quarter of the current fiscal year (FY18), which shows that companies paid off past debt rather than borrow.
Gold Silver Reports — Gold prices kiss their highest in nearly 10 months on Monday after North Korea’s latest and most powerful nuclear test drove investors towards safe-haven assets.
Gold Silver Reports — The rupee on Monday strengthened marginally against the US dollar in opening trade. The rupee opened at 63.93 a dollar. At 9.10am, the rupee was trading at 63.98 a dollar, up 0.09% from its Friday’s close of 64.03.
Gold Silver Reports — India Plans to Set New Gold Bourse Rules in November — India plans to finalize trading specifications for the country’s new spot gold exchange in November amid a push to improve transparency in the world’s second-biggest bullion market, people familiar with the matter said.
Gold Silver Reports — Mighty Month for Metals Sees Best Gains in Years on Rates, China — If you thought metals were only rallying on dollar weakness, think again.