Gold Silver Reports – Gold Prices Plunge by Rs 460 on Weak Global Cues, Fall in Demand — Gold prices tumbled by Rs460 to Rs31,390 per 10 grams at the bullion market on Wednesday, snapping their four-day rising streak due to subdued global cues amid slump in local jewellers’ demand. Silver also fell by Rs250 to Rs39,300 per kg owing to reduced offtake by industrial units and coin makers.
New Rules for Chit Funds and Deposit Schemes – Gold Silver Reports (GSR)
Gold Silver Reports – New Rules for Chit Funds and Deposit Schemes – Taking advantage of low financial literacy and greed of people looking for higher returns on their investments, many fraudulent deposit schemes and chit funds have collected huge amounts of money and vanished.
Nifty Earnings Must Break Six-Year Jinx To Meet FY19 Forecasts
Gold Silver Reports – Nifty Earnings Must Break Six-Year Jinx To Meet FY19 Forecasts — Analysts expect average earnings of companies in the benchmark Nifty 50 Index to grow at its fastest pace in eight years. To be proven right, they will have to break a six-year jinx.
Commodities Weekly Research Report 26-02-18 To 02-03-18 By Goldman Neal Bhai Reports ⭐⭐⭐⭐⭐
Trend Down ⇒ Sell Gold MCX Between 30950 – 31050, Stop Loss (CBSL) – 31339 Target – 30510 ↔ 30155 ↔ 29945
Trend Down ⇒ Sell Silver MCX Between 38950 – 39250, Stop Loss (CBSL) – 39444, Target – 38220 ↔ 37680 ↔ 37180
Jewellery Stocks Down, Gitanjali Gems Shares Tank 60% – PNB Fraud
Gold Silver Reports – Jewellery Stocks Down, Gitanjali Gems Shares Tank 60% – PNB Fraud — While Mehul Choksi-promoted Gitanjali Gems Ltd has lost around Rs435.91 crore or nearly 60% of its market value ever since the fraud at Punjab National Bank (PNB) came to light, the steep erosion has hammered other jewellery stocks as well.