Gold Silver Reports → Asian shares rose to a seven-week high on Tuesday as investors took heart from signs of life in battered energy and commodity markets while European currencies are hampered by worries Britain could exit the European Union.
India Pay $16 billion for Public Servants and Costly Food
Gold Silver Reports → India Pay $16 billion for Public Servants and Costly Food and farm programmes could force the country’s finance minister to cut capital spending in its annual budget, officials and economists say.
Crude Oil Prices Slip After Posting Strong Gains
Gold Silver Reports → Crude Oil Prices Slip After Posting Strong Gains the previous session on the back of an expected drop in U.S. production, but which analysts expect to be countered by rising output from Iran.
World on Fire
Be who you were created to be, and you will set the world on fire. – St. Catherine of Sienna
Union Budget 2016-17; India to Finalise on Gold Board
Gold Silver Reports → India in a bid to curb the ever growing greed for gold is boosting the reforms on Gold. The government has convened a meeting on Monday to finalize on National Bullion Board and gold spot exchange.
US Production is Hit An All-Time High of 14.2 mb/d
Gold Silver Reports → Global oil supply growth is plunging as an extended period of low prices takes its toll, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR) released today.
Gold Again on Earth 2 Percent on Stronger $Dollar
Gold Silver Reports → Gold fell as much as 2 percent on Monday as the dollar strengthened and investor appetite for risk increased,
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Wall Street Close Flat, Indexes Post Best Week of 2016
Gold Silver Reports – Wall Street ended little changed on Friday, as Applied Materials helped lift the tech sector and offset a renewed drop in oil prices, with major indexes capping their best week of the year.
RBI to Be Driving State Banks to Raise Provisioning
Gold Silver Reports → The standalone credit profiles of many Indian public sector banks should come under pressure unless there is meaningful action to restore capital adequacy, says Fitch Ratings.