Gold Silver Reports — Hedge funds were smart enough to get ahead of Janet Yellen’s bad news for the gold market.
Hedge Funds Exit Gold Before Fed Sparks Worst Rout in Month
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Zinc MCX Trading Zone Between 158—165
Gold Silver Reports — Technically Zinc MCX market is getting support Key at 160 and below same could see a test of 158 level, And resistance is now likely to be seen at 165, a move above could see prices testing 168.
India Said to Plan Gold Policy Revamp for $19 Billion Sector
Gold Silver Reports — India which vies with China as the world’s top consumer of bullion, is working on new policies to improve transparency and help expand its $19 billion gold jewelry industry, according to people with knowledge of the matter.
Gold Bulls Look Past Fed Rate Hike, Load Up on ETFs
Gold Silver Reports — Gold bulls who bet that the U.S. Federal Reserve may take a more cautious approach in monetary tightening appear to be on the money, judging by the latest batch of disappointing economic data.
Sebi Issues Guidelines for Options in Commo Futures
Gold Silver Reports — Options to have futures as underliers; one option each in agri, non-agri to be launched initially
Sales of Indian Gold Jewellery Drop in the Gulf
Indian Gold Jewellery — The ongoing blockade of Qatar by its neighbouring nations has raised concern among Indian jewellers who have operations in the Gulf Cooperation Council countries. Jewellers said sales dropped in the region because buyers from Qatar, who are known to prefer high value items, are absent from the market.
Copper Demand for Electric Cars to Rise Nine-fold by 2027
