Gold ETFs grow 9.4% in Feb

Gold ETFs grow 9.4% in Feb

Gold Silver Reports ~ Gold exchange traded funds, or ETFs, posted their highest jump in 30 months in February, growing 9.4%, or by Rs 5.76 billion, to Rs 66.72 billion, thanks to MTM gains from a rise in underlying asset values,

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Gold MCX Range 29029 to 29580; Sell On Rise

Gold MCX Range 29029 to 29580; Sell On Rise

Gold Silver Reports – Gold trades lower as sentiment in equity markets continues to improve. A stronger INR too weighs on domestic prices. Investment demand meanwhile continues to support prices with SPDR holdings at highest since September 2014.

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WTI Crudeoil Prices Traded Higher By 0.8 Percent

WTI Crudeoil Prices Traded Higher By 0.8 Percent

Gold Silver Reports – WTI oil prices traded higher by 0.8 percent to close at $34.7 per barrel on Wednesday as Reuters reported that Saudi Arabia had reached out to banks to raise the possibility of arranging a loan for the country, a potential sign that continued low oil prices are weighing on its finances.

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