Gold Silver Reports (GSR) – Gold bulls are finding 2018 offers plenty of reasons to be cheerful. Bullion’s wrapping up a third quarterly gain, a feat not seen since 2011, and exchange-traded fund holdings are near the highest in a half-decade. Haven demand may also get a boost with foreign-policy hawks in the ascendant in Washington.
Need More Clarification, Says Hemindra Hazari
Gold Silver Reports (GSR) – Need More Clarification, Says Hemindra Hazari — The main question is “whether the board was aware that Chanda Kochhar’s husband has business dealings with the Videocon group,” said Independent Banking Analyst Hemindra Hazari.
Chanda Kochhar Was On Committee That Approved Loan To Videocon Group, Says MK Sharma
Gold Silver Reports (GSR) – Chanda Kochhar Was On Committee That Approved Loan To Videocon Group, Says MK Sharma — MK Sharma said that CEO Chanda Kochhar was not the chairperson of the committee that sanctioned the loan to Videocon Group. He added that the bank did not see any conflict of interest and that Kochhar has been making all disclosures in accordance with regulations.
ICICI Bank Chairman MK Sharma Reiterates Points Made In Yesterday’s Statement Regarding ICICI Bank’s Exposure To Videocon Group.
ICICI Bank Chairman MK Sharma Reiterates Points Made In Yesterday’s Statement Regarding ICICI Bank’s Exposure To Videocon Group. …
Regarding Additional Disclosures By Chanda Kochhar
Gold Silver Reports (GSR) – Regarding Additional Disclosures By Chanda Kochhar — MK Sharma said that CEO Chanda Kochhar was not the chairperson of the committee that sanctioned the loan to Videocon Group. He added that the bank did not see any conflict of interest and that Kochhar has been making all disclosures in accordance with regulations.
Global Gold Prices Steady as North Korea, Global Trade Concerns Ease
Gold Silver Reports (GSR) — Global Gold Prices Steady as North Korea, Global Trade Concerns Ease – Gold prices held largely steady on Thursday, a day after posting its biggest one-day percentage fall in nearly 9 months, as tensions over North Korea and global trade eased.
Global Gold Prices steady as Trade War Tensions Ease
Gold Silver Reports (GSR) – Gold prices were little changed on Wednesday after falling in the previous session as concerns about a potential trade war between US and China eased which supported the dollar and reduced the incentive to hold bullion as a safe-haven asset.