Trading Strategies: Natural Gas slid on Tuesday but prices are still expected to remain elevated. We continue to see a general lack of heat in the pattern compared to what was expected previously, with the 15-day period, along with July as a whole, looking to come in cooler than the five- and 10-year normal.
Sibanye May Wind Down Gold Mines in Fading S. African Sector
Sibanye Stillwater Ltd. may wind down its three South African gold mines in the next decade or so as it becomes harder to exploit aging assets in an industry that was once the world’s largest.
Indians Are Selling Their Gold Jewelry to Make Ends Meet
Gold Jewelry: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.
From JSW Steel To SAIL, Steel Stocks’ Stellar Run Disrupted By Supply Issues, Weak Demand
JSW Steel To SAIL: Steel stocks’ stellar run ended on diversion of oxygen to hospitals during the second wave of the pandemic and the onset of monsoon, a weak period of demand.
Gold MCX Tips Today: 47820 to 48071 | Neal Bhai Reports
Gold MCX Tips Today: Going by gold’s current market performance, it sure appears that the bullion is riding low. As of yesterday, August gold contracts on MCX (Multi-commodity exchange) fell 0.4 percent to reach Rs 47,732 per 10 gram.
Dollar Selling Opportunity? | Gold Silver Reports
Dollar selling opportunity? – Cash for clunkers – 10.5% more cash than one year ago, and that is the main driver behind accelerating US inflation. Had prices of used cars remained unchanged, the headline Consumer Price Index would be roughly 3.6%, not 5.4% as reported. Core CPI would also be substantially lower than the 4.5% YoY reported for June.
Bharti Airtel – Enterprise Business Under Appreciated: Neal Bhai Reports
Bharti Airtel: In continuation to our deep diving into enterprise business, we are evaluating Bharti Airtel Ltd.’s enterprise business housed under Airtel Business.