Federal Reserve officials signaled they are ready to cut interest rates by a quarter-percentage point at their coming meeting, while indicating the potential for additional reductions because they are worried about a slowdown in global growth, an increase in trade-policy uncertainty and a pullback in inflation.
Gold Silver Reports (GSR ) – Spot gold had risen 0.2 per cent to $1,282.71 per ounce by 0103 GMT, while US gold futures were steady at $1,282.50 per ounce.
Yesterday, I Told You Buy Silver at Lower Level, Watch High ₹ 37143 – Neal Bhai Reports
Neal Bhai Reports (NBR) By CFA’s and MFA’s Technical Team
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Silver on MCX settled down 2.05% at 36854 as the dollar hit a more-than-one-week high on the back of intensifying global trade tensions and economic worries in emerging markets.
Gold Silver Reports (GSR) – Wall Street Economists See Global Growth Cresting Not Collapsing – Despite the soft start to the year and ongoing trade tensions, economists on Wall Street and beyond are sticking to forecasts for another solid economic expansion in 2018 while acknowledging the risks of slippage have mounted.
Gold Silver Reports – Dollar’s Bounce Means Time to Sell for Global Growth Optimists – The dollar’s up against all of its major peers right now, and that’s a good opportunity to sell, according to some Wall Street forecasters.