Gold Silver Reports → Copper on MCX settled down -1.35% at 314.25 slid for a seventh straight session on Monday to its lowest in a month as a strong U.S. jobs-report raised the likelihood of interest rate hikes soon and concerns remained over demand in top consumer China.
Rajan Cuts Rates to 5-Year Low; India
Gold Silver Reports → India’s central bank lowered its key interest rate for the first time in six months and said it would look for more room to ease as it watches monsoon rains.
Gold Silver MCX Rocket Boom Boom
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Indian Gold ETFs Glow Agian After 10-Quarters
Gold Silver Reports — Indian Gold exchange traded funds, or ETFs, posted their first quarterly growth since September 2013 in March quarter, growing 4.84%, or by Rs 2.92 billion,
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Uptick In The Economic Environment
Gold Silver Reports — A 25 basis points cut in the policy interest rates by the Reserve Bank of India (RBI) is almost given, but the real impact of falling lending cost can be felt only if the central bank goes in for a bold reduction of at least 50 bps, an overwhelming majority of CEOs polled in an ASSOCHAM survey pointed out.



