Trend Sideways ⇒ Buy Gold MCX Between 29100 – 28950, Stop Loss – 28810 Target – 29360 ↔ 29640
Trend Sideways ⇒ Buy Silver MCX Between 38650 – 38950, Stop Loss – 38000, Target – 39820 ↔ 40700
Russian Fund Plans a $1 Billion Mining Venture With China Gold
Gold Silver Reports – Russian Fund Plans a $1 Billion Mining Venture With China Gold – Russia’s state-owned Far East Development Fund is in talks to create a $1 billion joint venture to invest in the country’s mining industry with China National Gold Group, a government controlled producer of the precious metal.
Have Small Savings Lost out to Equities?
Gold Silver Reports — Have Small Savings Lost out to Equities? – LURE OF STOCK Growth in government savings schemes is timid as there has been a clear shift towards the equity markets, say analysts
1 Year of Demonetisation: Sensex Jumps 6000 Points in 12 Months; is it Bad?
Gold Silver Reports – Demonetisation – A year ago, on 8 November 2016, Prime Minister Narendra Modi announced a ban on Rs 500 and 1,000 currency notes in a bold move to eliminate black money out of the system. The higher denomination notes of Rs 500 and 1,000 which accounted for about 85% worth of currency in circulation was turned into just a piece of paper overnight.
One Year After Demonetisation – Cash is Still King
Gold Silver Reports – Soon after demonetisation was announced on 8 November last year, it was projected as part of a broader push towards a cashless economy. Several ministers and government officials claimed that this would nudge Indians to rely on non-cash or digital payments.