MCX Reports Rs. 7188.03 Crore Turnover in Session 1
Gold Silver Reports — Multi Commodity Exchange has recorded a daily turnover of Rs. 7,188.03 crore in session 1 on Wednesday. MCX Comdex, the composite index of metals, energy and agri-commodities was down by 5.66 point to 3029.02 point’.
Gold Bulls Look Past Fed Rate Hike, Load Up on ETFs
Gold Silver Reports — Gold bulls who bet that the U.S. Federal Reserve may take a more cautious approach in monetary tightening appear to be on the money, judging by the latest batch of disappointing economic data.
Fed Raises Rates, Maintains Forecast for One More Hike
Gold Silver Reports — Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.
Sebi Issues Guidelines for Options in Commo Futures
Gold Silver Reports — Options to have futures as underliers; one option each in agri, non-agri to be launched initially
Sales of Indian Gold Jewellery Drop in the Gulf
Indian Gold Jewellery — The ongoing blockade of Qatar by its neighbouring nations has raised concern among Indian jewellers who have operations in the Gulf Cooperation Council countries. Jewellers said sales dropped in the region because buyers from Qatar, who are known to prefer high value items, are absent from the market.
Copper Demand for Electric Cars to Rise Nine-fold by 2027
