Trend Sideways ⇒ Buy Gold MCX Between 30950 – 30850, Stop Loss (CBSL) – 30501 Target – 31480 ↔ 30610
Trend Sideways ⇒ Buy Silver MCX Between 38450 – 38550, Stop Loss (CBSL) – 37333, Target – 39380 ↔ 40440
Inside the World’s Most Profitable Company
Gold Silver Reports (GSR) – Inside the World’s Most Profitable Company – Now, a first glimpse of the state oil giant’s finances shows Aramco churned out $33.8 billion in net income the first six months of 2017, easily outstripping U.S. titans like Apple Inc., JPMorgan Chase & Co. and Exxon Mobil Corp.
Commodities has Rarely Been Stronger, According to Goldman Sachs
Gold Silver Reports (GSR) – Commodities has rarely been stronger, according to Goldman Sachs Group Inc. With raw materials rallying on escalating political-tensions across the globe and economic growth remaining strong, the bank’s analysts including Jeffrey Currie doubled down on their “overweight” recommendation. They reiterated a view that commodities will yield returns of 10 percent over the next 12 months, according to an April 12 note.
Indian Equity Benchmarks came off Intraday Highs
Gold Silver Reports (GSR) – Indian equity benchmarks came off intraday highs as gains in TCS, Kotak Mahindra Bank and Hindalco were offset by losses in Bharat Petroleum, Axis Bank, State Bank of India and Indian Oil.
The S&P BSE Sensex rose 0.26 percent or 90 points to 34,192 and the NSE Nifty 50 index advanced 0.2 percent or 22 points 10,481.