Gold price (Yellow Metal), Silver (XAG/USD) extends its recovery for a 2nd consecutive day, trading around $2,636 in European hours on Tuesday, as Ukraine has already launched US-made ATACMS ballistic missiles into Russia, according to reports from local media RBC citing a source from the Ukrainian Armed Forces. The move has escalated fears of a nuclear war, prompting investors to flee towards safe-haven assets such as Gold.
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Gold Defends Key $2,547 Support; What’s Next?
Spot Gold Price Forecast: The short-term technical outlook for Gold price remains more or less the same, with any recovery attempts likely to be short-lived as long as the 14-day Relative Strength Index (RSI) stays bearish.
हेज फंड्स का सोने पर तेजी का दांव चार साल के उच्चतम स्तर पर पहुंचा
मनी मैनेजर्स (Money Managers) द्वारा सोने में लगाए गए दांव चार साल के उच्चतम स्तर पर पहुंच गए हैं, जो अमेरिकी राष्ट्रपति चुनाव अभियान के बारे में निवेशकों की चिंताओं के साथ-साथ फेडरल रिजर्व (federal reserve) द्वारा ब्याज दर (interest rate) में कटौती के समय पर नए सिरे से ध्यान केंद्रित करने का संकेत देता है।
Digital Gold Firm Plans Metal Leasing for India’s Jewelers
Digital Gold Firm Plans: After giving Indians the option to buy gold online for as little as 10 rupees (12 cents), digital gold provider SafeGold is planning to let its customers lease their metal to credit-starved small jewelers.
Gold Bond Scheme 2018-19 – Series Launched, Nominal Value of the Bond is Fixed @ Rs 3,214 per gram
The new series of sovereign gold bonds opened for subscription today and will close on 18 January. The date of issuance will be 22 January.
Customs Duty Hiked On Mobile Phone Parts And Other Communication Items
The Indian government has raised the basic customs duty on a number of items used in electronic and mobile communications in a move aimed at narrowing down the current account deficit.
Government Rejigs Top Managements Of Three PSU Banks
Gold Silver Reports (GSR) – Government Rejigs Top Managements Of Three PSU Banks – Based on recommendations of Banks Board Bureau, the government rejigged top managements of three state-run lenders. banking secretary tweeted.
As part of Banking Reforms and on recommendation of BBB, Govt. appoints Dr Charan Singh ,Anjali Bansal ,Tapan Ray as Non Exec Chairperson of Punjab&Sind Bank, Dena Bank & Central Bank of India. @FinMinIndia @PIB_INDIA pic.twitter.com/mAAH4BU57V
— Rajeev kumar (@rajeevkumr) May 24, 2018
Jute Product Makers Surge As Government Raises MSP
Gold Silver Reports (GSR) – Jute Product Makers Surge As Government Raises MSP – Shares of the jute product makers surged after the government raised minimum support prices for raw jute to Rs 3,700 per 100 kgs.
✅ Ludlow Jute & Specialties rose as much as 18.39 percent to Rs 103
✅ Cheviot rose as much as 5.68 percent to Rs 1,610