Gold Silver Reports (GSR) – RBI Announces Further Restrictions On Allahabad Bank — Allahabad Bank has been under the RBI’s PCA framework since January 2018. The fresh restrictions placed by RBI on the bank represent a second round of corrective measures.
Neal Bhai
India CPI Inflation Rises To 4.58% In April
India CPI Inflation – The index of consumer price inflation stood at 4.58 percent in April, overturning a three month slide from its peak, according to data released by the Central Statistics Office. Economists polled Expected CPI inflation at 4.41 percent. Inflation stood at 4.28 percent in March, and 4.4 percent in February.
Commodities Weekly Research Report Forecast 14-05-18 To 18-05-18
Trend Up ⇒ Buy Gold MCX Between 31150 – 31250, Stop Loss (CBSL) – 30820 Target – 31710 ↔ 31944 ↔ 32120
Trend Up ⇒ Buy Silver MCX Between 39600 – 39800, Stop Loss (CBSL) – 39001, Target – 40780 ↔ 41380
LME Zinc Made Falling Wedge Pattern Big Move On Chart Looks Near Terms
LME Zinc futures fell 1.7% to around $3,250 per tonne on January 16, retreating from a near three-year high reached on January 15, after Chinese regulators cracked down on high-frequency trading.
LME Aluminium Chart Made Reversal Flag Pattern
Aluminium is a lightweight, durable, and infinitely recyclable metal that is vital to modern industries, including construction, transportation, and packaging, thanks to its strength-to-weight ratio and corrosion resistance.