Gold Silver Reports – Crude prices are likely to rise this year thanks to supply disruptions and an OPEC-led deal to limit production, but doubts over the future of compliance with the multilateral agreement and rising U.S. production could stem the upward momentum.
Bitcoin Sinks Past $7,500 in Downbeat End to Dismal Quarter
Gold Silver Reports (GSR) – Bitcoin’s miserable quarter isn’t over yet. — The world’s biggest cryptocurrency by market value dropped more than 5 percent on Thursday, taking it below the $7,500 mark to the lowest level on a closing basis since early February, according to data compiled by Bloomberg. The slide took the token’s losses in 2018 to a whopping 48 percent, and other digital assets, including rivals Ripple and Litecoin, also fell.
Stocks Regain Poise After Tech Turmoil; Bonds Gain
Gold Silver Reports (GSR) – Stocks Regain Poise After Tech Turmoil; Bonds Gain — European stocks advanced with U.S. futures on Thursday after a mixed session in Asia, as equity markets limped toward the end of tumultuous quarter. Treasuries rose, tracked by core government bonds in Europe, while the dollar fell and the yen climbed.
Need More Clarification On The Videocon Transaction, Says Hemindra Hazari
Gold Silver Reports (GSR) — Need More Clarification On The Videocon Transaction, 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.
Gold Forges Its Best Run Since 2011
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.