The Economy and Direction of Monetary Policy

The Economy and Direction of Monetary Policy

Gold Silver Reports ~ U.S. stocks declined in thin trading as commodity shares followed crude prices lower, while investors awaited further clues on the economy and direction of monetary policy.            

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Citibank Predict Indian Rupee Will Hold Gains

Citibank Predict Indian Rupee Will Hold Gains

Gold Silver Reports ~ Citibank is predicting India’s rupee will hold much of the gains from what looks set to be its best month in 2 years. The resolve shown by Prime Minister Narendra Modi in seeking to narrow the fiscal deficit to a 9-year low has boosted investor confidence and will probably support capital inflows,

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Intention With Effort

Wherever it may be, whatever form it may take, to activate opportunity you must combine intention with effort. – Ralph Marston

Silver MCX Trading Levels 37150 to 38850

Silver MCX Trading Levels 37150 to 38850

Gold Silver Reports ~ Silver on MCX settled unchanged at 37864 as investors sought assets seen as havens from risk after deadly bomb attacks hit Brussels airport and a rush-hour Metro train in the Belgian capital.

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The Average Person

Intelligent people tend to have less friends than the average person. The smarter you are, the more selective you become.

Gold MCX Trading Levels 28690 to 29245

Gold Price Drops

Gold Silver Reports ~ Gold on MCX settled down -0.65% at 28941 dropped tracking weakness from Comex Gold while unable to challenge a recent 13-month high near $1280 as traders booked profits after gains from last week’s dovish interest rate announcement by the Fed. The dollar arrested three weeks of declines after hawkish comments from US Fed officials renewed expectations of US interest rate hikes.

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