Gold Silver Reports — India’s trade ministry sees scope for lowering the import tax on gold as the current account deficit improves in the world’s second-biggest consumer of the metal.
India Trade Ministry Sees Scope for Lowering Gold Import Tax
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Spot Gold Advances as Fed Holds Rates Steady, Assesses Inflation
Spot gold touched a session high after the Federal Reserve left its benchmark policy rate unchanged and said it’s “monitoring inflation developments closely.”
Mining Giants Post Red-Hot Results in Lukewarm Gold Market
Gold Silver Reports — Four of the world’s top gold companies were in full “beats” mode in the second quarter, wringing more value out of their mines amid tepid gold prices.
Gold, Tesla and the Making of ‘Purple Rain’
“Gold, Tesla and the Making of Purple Rain” likely explores themes around the investment trends in gold and Tesla stocks around 2017, along with a metaphorical take on “purple rain.”
Copper Trumps Politics as Investors Take Shine to Zambian Assets
Gold Silver Reports — Investors are overlooking Zambia’s political risk and buying the nation’s assets as the price of copper, its biggest export, rises.
Copper Goes Red Hot as Prices Rally to Two-Year High on China
Gold Silver Reports — Copper surged to the highest level in more than two years, lifting shares of producers including Glencore Plc, on expectations that demand in China will fuel a global shortage, with plans in the country to curb metal-rich waste imports reinforcing a bullish outlook.
Gold MCX Forecast Start Fresh Buying, Support Key at 28310
Gold Silver Reports — Technically MCX Gold is under fresh buying as market has witnessed gain in open interest by 0.24% to settled at 5965 while prices up 210 rupees.