Spot Gold slip to a one-week low of $1,772 [16-08-2022]

Spot Gold slip to a one-week low of $1,772 [16-08-2022]

Spot gold (Yellow Metal) fell to a one-week low of $1,772 a troy ounce on Monday as risk aversion benefited the American currency against all of its major rivals. gold managed to bounce after the US opening, as Wall Street opened in positive territory despite the ruling dismal market mood. Softer-than-anticipated Chinese data released at the beginning of the day spurred risk aversion as the focus returned to a potential economic setback.

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Spot Gold slip to a one-week low of $1,772 [16-08-2022] via @goldsilverrepor

75 years of Independence: Sensex from 100 to 59000, Gauge for an Undervalued Stock Called India

As is rightly said, the stock market of any country is the barometer of its economic growth, the story for India is no different. As we celebrate the 75th year of independence, a look back at Sensex narrates the tale of how India has grown from strength to strength. Started in 1986 on the BSE, Sensex is a free-float index consisting of 30 of the biggest listed companies in India. The BSE Sensex has grown from 100 points to 59,000 today; and while marred by volatility and bears, the index has posted robust growth, a testament to the country’s economic growth and future potential.

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75 years of Independence: Sensex from 100 to 59000, Gauge for an Undervalued Stock Called India via @goldsilverrepor

India needs robust agri futures to insulate against volatile food prices against backdrop of uncertainty

This year the various regions in Europe have been experiencing an abnormal rise in temperature and many cities’ temperatures crossing over 40 degrees!!! The world is having hotter, drier summers and warmer, wetter winters. We’re also having extreme weather like heavy rainfall and heat waves more often. Most scientists agree that this is caused by human actions that emit greenhouse gases like carbon dioxide.

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India needs robust agri futures to insulate against volatile food prices against backdrop of uncertainty via @goldsilverrepor
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