Gold Silver Reports (GSR) – Shares were up in Japan, while stocks slipped in South Korea and Australia, with gains indicated for equity markets in China and Hong Kong. The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India, traded 0.1 percent higher at 11,148 as of 7:10 a.m.
Gold Silver Reports – India’s largest exchange plans to start extended trading subject to approval from the regulator some time in October, it said in an email to clients. The bourse shared a “skeletal framework” for trading till 11.55 p.m.—nearly seven hours more than now.
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Crude Oil on MCX settled down -0.36% at 4690 as attention shifted to the risk of oversupply, with market participants shrugging off escalating tensions between the United States and Iran. Earlier in session, the market had risen after President Donald Trump warned of dire consequences for Iran if it threatened the United States.
Gold Silver Reports (GSR) – Meanwhile LME zinc inventories rose by 17,200 tonnes to 250,400 on Friday, LME data showed. While Zinc social inventory in Shanghai, Guangdong, and Tianjin fell some 2,700 mt from last Friday to 97,300 mt as of Monday July 23.