India Market To Lead South Asian Economy

India Market To Lead South Asian EconomyGold Silver Reports – Narendra Modi Government have another reason to boast of their governance as the latest World Bank report forecasts faster growth rate for India in FY 2016-17. The report says the South Asia region, led by India, is projected to be a bright spot.

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Indian Agri Markets Weak Trend

Indian Agri Markets Weak TrendGold Silver Reports – Trend looks weak for the Agri sector as fall in International markets across most sectors are likely to pressurize Indian market sentiments also. Short term trend looks slight weak for the time being even as traders expect the trading activities to pick up in coming weeks.

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China to Start Yuan Based Gold Price Fix in April

Gold Silver Reports – China has been quietly accumulating a significant amount of gold bullion in recent years. They are now the top producer and top consumer of gold in the world. They are believed to keep all of their domestic production, plus import significant amounts from other nations. In addition, they have been buying up gold mines around the globe at steep discounts and bringing home gold they had stored in London, New York and Switzerland.

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India is One of The Top Consumers of Gold

India is One of The Top Consumers of GoldGold Silver Reports – India is one of the top consumers of Gold thanks to the people’s unrelenting love for the yellow metal. But, the country lacks a solid regulator to monitor the decisions taken about Gold. The idea of a National Gold Board is currently being mooted.

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Crude Oil Futures Reach New Record High

Crude Oil Futures Reach New Record HighGold Silver Reports – The Tokyo Commodity Exchange’s average daily volume for December 2015 was 101,127 contracts, up 0.3% from November 2015. Volume for Gold standard and Gold Daily futures, TOCOM’s most active contracts, were both down.

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