Gold prices were largely unchanged on Wednesday, as investors awaited more clarity on the Brexit and the US-China trade war, while some technical buying provided modest support to the bullion.
India’s Crude Oil throughput drops 6.89% y/y in September
India’s crude oil processing in September fell 6.89% from a year earlier, its biggest decline since June, as refiners shut units for maintenance and fuel upgrades, provisional government data showed.
INFOSYS LTD – STOCK Price Crash Wipes ₹53,452 Crore off its Market Value in a day
Infosys Ltd Stock Price today crashed 16% to ₹643.30 after India’s No.2 software services exporter said it is investigating whistleblower claims accusing its top two executives of “unethical practices” to boost short-term profit. Today’s crash wiped off ₹53,452 crore from its market capitalisation. Infosys Chairman Nandan Nilekani said in a statement on Tuesday that the complaints were placed before the audit committee and the non-executive members of the board.
Commodities Weekly Technical Research Report 21 Oct To 25 October 2019 – Gold Silver Reports
MCX Live Commodities Weekly Technical Live Research Report 21 — 25 October 2019 By Neal Bhai Reports (NBR)
US-China Trade Relations Become that Their Impact is Felt in Financial Markets
US-China trade relations become that their impact is felt in financial markets, boardrooms and even central banks. Washington and Beijing ratcheted up tariffs in August and investors took fright, triggering official promises to revive trade talks. But are the US and China likely to pull back from the brink?
Spot Gold Eases as Trade Talk Cheer Buoys Risk Appetite – Gold Silver Reports
Gold prices declined in domestic futures trade on October 22 as progress in trade talks between the Washington and Beijing lifted risk-on sentiment.
Eyes on Brexit Developments
Eyes on Brexit developments – With the latest developments reviving hopes of a Brexit deal, the GBP/USD pair gained traction during the European trading hours on Monday and caused the Greenback to face a renewed selling pressure.