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Gold Silver Reports – South Korea’s President Says Will Continue Phasing out Nuclear Power – South Korea’s President Moon Jae-in said on Sunday the government will continue to phase out nuclear-generated electricity, following a public opinion survey that dealt a blow to his plans to do so.
Gold Silver Reports – The government has fixed the purchase price of sovereign gold bond (SGB) at Rs2,971 per gram. For the subscription period from 23-25 October, the issue price will be Rs2,971 per gram with settlement on 30 October, a finance ministry statement said on Saturday. This is part of SGB calender announced till December spread over 12 weeks.
Gold Silver Reports – Gold prices fell by Rs100 to Rs30,650 per ten gram in Delhi the bullion market on Saturday amid a weakening global trend and muted demand from local jewellers. However, silver recovered by Rs50 to Rs40,850 per kg on scattered enquiries from industrial units.
Gold Silver Reports – Full Text of RBI Monetary Policy Minutes -Worry that rising consumer prices will threaten the Indian central bank’s inflation target of 4% led the majority of the Reserve Bank of India’s monetary policy committee to vote to keep rates steady, according to minutes issued on Wednesday. Here is the full text of the bi-monthly monetary policy statement of RBI’s Monetary Policy Committee.
Gold Silver Reports – Australia pledged to continue to support allies seeking to curb North Korea efforts to build a nuclear arsenal after Pyongyang warned of the risks of siding with President Donald Trump’s administration.
Gold Silver Reports – Secretary of State Rex Tillerson says President Donald Trump wants him to push forward on diplomacy with North Korea “until the first bomb drops.”
Gold Silver Reports – Four Ships Banned From All Ports for Violating North Korea Sanctions – The U.N. Security Council has banned all nations from allowing four ships that transported prohibited goods to and from North Korea to enter any port in their country.