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Gold Silver Reports – “It certainly increased the chance of another modest rate cut given that the RBI was looking for the finance minister to stay on the path of consolidation,” said Shilan Shah, Singapore-based India economist at Capital Economics Ltd. “The question mark over all of this really is …
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.
Gold Silver Reports → Gold gained in Asia on Tuesday with sentiment on expectations for the path of U.S. interest rates this year they key focus.
Gold Silver Reports → India Pay $16 billion for Public Servants and Costly Food and farm programmes could force the country’s finance minister to cut capital spending in its annual budget, officials and economists say.
Gold Silver Reports → The standalone credit profiles of many Indian public sector banks should come under pressure unless there is meaningful action to restore capital adequacy, says Fitch Ratings.
Gold Silver Reports → Gold’s rally is being driven as investors start to lose faith in central bankers’ ability to deal with economic challenges, according to Evolution Mining Ltd.’s Jake Klein, who said the metal’s advance has been strong enough to draw attention from long-time bears.
Gold Silver Reports → The fundamental picture according to the data released by the World Gold Council continues to indicate improving fundamentals for Gold.
Gold Silver Reports → Federal Reserve policy-makers debating their outlook for interest-rates last month expressed concern that the fall in commodity prices and the rout in financial markets increasingly posed risks to the U.S. economy.
Gold Silver Reports → Federal Reserve officials are already signaling why they might lower forecasts for growth, inflation and the path of future interest~rates when they meet next month.
Gold Silver Reports → Modi looking to continually narrow the budget deficit, another way to identify priority areas would be to analyze which ministries have been able to implement existing allocations.