Gold Silver Reports → Gold may rally to as much as $1,400 an ounce should risk aversion intensify, who dubbed bullion a “superman” when Flying his report for 2016.
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Crude Oil Slip as Iranian Minister Calls Freeze Proposal `Ridiculous’
Gold Silver Reports → Crude Oil tumbled after the Iranian Oil Minister said that an agreement by Saudi Arabia and Russia last week for crudeoil producers to freeze output was “ridiculous.”
India’s Gold Imports Hit 2-Year Low: Gold Up or Down?
Gold Silver Reports – In a relief to the government, India’s Gold imports are likely to reduce to over two-year low in February . Industry experts told Reuters that surge in prices and hopes of import tax cuts are what keep the buyers away.
Asian Stocks Up on Commodity Recover
Gold Silver Reports → Asian shares rose to a seven-week high on Tuesday as investors took heart from signs of life in battered energy and commodity markets while European currencies are hampered by worries Britain could exit the European Union.
Crude Oil Prices Slip After Posting Strong Gains
Gold Silver Reports → Crude Oil Prices Slip After Posting Strong Gains the previous session on the back of an expected drop in U.S. production, but which analysts expect to be countered by rising output from Iran.
Union Budget 2016-17; India to Finalise on Gold Board
Gold Silver Reports → India in a bid to curb the ever growing greed for gold is boosting the reforms on Gold. The government has convened a meeting on Monday to finalize on National Bullion Board and gold spot exchange.
US Production is Hit An All-Time High of 14.2 mb/d
Gold Silver Reports → Global oil supply growth is plunging as an extended period of low prices takes its toll, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR) released today.