Gold Silver Reports ~ Gold trading near a 2 month high, its price buys 78 ounces of silver, near the most since August. In the past two decades, the ratio has only been above that level on about five occasions, and never for more than a three months.
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Lenovo kills Motorola
#CES2016 Lenovo kills Motorola; It will now be Moto by Lenovo https://t.co/Keq5YlqVnp, says @ShrutiDhaps pic.twitter.com/WjP8PYG8jL — Express Technology (@expresstechie) January 8, 2016
Centre Govt Will sanction Rs. 30 Lacs; Agricultural market
Gold Silver Reports – India is moving ahead with the reforms in online agri markets with the aid of technology. The Narendra Modi government is planning to launch new software to enable E-connectivity of Agricultural markets in the country.
Crude Oil Futures Reach New Record High
Gold Silver Reports – The Tokyo Commodity Exchange’s average daily volume for December 2015 was 101,127 contracts, up 0.3% from November 2015. Volume for Gold standard and Gold Daily futures, TOCOM’s most active contracts, were both down.
Young Money Solutions
Gold Silver Reports – Keep your spending mindful and your savings mindless. That’s one key bit of financial advice for millennials from Karen Carr, a 27-year-old certified financial planner with Society of Grownups, a personal finance education and planning company based in Brookline, Mass.
Wall Street Entered The 2nd day of Trading of 2016
Gold Silver Reports >>> Wall Street entered the second day of trading of 2016 on the defensive as investors still reeled from a global stock sell-off Monday and evaluated the most recent steps taken by Chinese authorities to stabilize markets and reduce jitters.
Overnight, shares in mainland China stabilized with the help once again from government intervention in markets a day after a 7% plunge prompted an early halt to trading in what was the worst start to the year ever for China stocks.
Petronet Revise LNG Contract to Lower Indian Prices
Gold Silver Reports – Qatar’s RasGas Co. agreed to cut the price of gas it supplies to Petronet LNG Ltd. by almost half from Friday under an existing 25-year contract with India’s biggest gas importer.
Under the revised terms, Petronet will pay RasGas $6 to $7 per million British thermal units, compared with about $13 earlier, India’s Oil Minister Dharmendra Pradhan told reporters in New Delhi on Thursday. A penalty for taking less-than-contracted volumes this year amounting to about 120 billion rupees ($1.8 billion) on Petronet has been waived by the Qatari company, he said.