Gold Silver Reports (GSR) – At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively.
Central Banks to Increase Gold Buying for First Time Since 2013
Central banks are set to increase their purchases of gold in 2018 for the first time in five years as eastern European and Asian countries seek to diversify their reserves.
Crude Oil Prices Continue Fall Amid Global Stock Market Slump
Gold Silver Reports (GSR) – Crdue Oil prices fell by around 1% today , coming under pressure from sharp selloffs in global stock markets, with U.S. stocks posting the biggest daily decline since 2011 to wipe out the year’s gains. Front-month Brent crude oil futures LCOc1 were at $75.42 a barrel at 0043 GMT, 75 cents, or 1%, below their last close.
NIFTY Future Made Three Strike Gap Down Pattern Will 9999—9966 Very Soon?? Any Rise Sell and Sleep
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Hecla Reports 2.5 Million Ounces of Silver and 72,995 Ounces of Gold Production in Third Quarter 2018
“Our gold and silver production met our expectations, with gold production increasing due to the addition of two months of production from the Nevada operations and silver production declining due to lower expected grades at Greens Creek,” said Phillips S. Baker, Jr., President and CEO. “We are on track to meet annual production estimates at all operations.
Diwali Muhurat Trading 2018: MCX, NSE, BSE Trading Time on 7 November; Updates Here
“A special live trading session shall be held on Wednesday, November 07, 2018 on account of Muhurat trading on Diwali,” National Stock Exchange said in a circular. “All trades executed in this Diwali Muhurat trading session shall result in settlement obligations,” NSE said in a statement.
Spot WTI Crude Technical Analysis October 24, 2018
Crude oil suffered heavy losses in the previous day and closed near the day low. The sudden bearish breakout turns the trend into bearish. Fortunately, no lower low printed on weekly basis, the price needs to move below $64.40 to print a lower low.