Metals Gripped by Turmoil as Rusal’s Sanctions Fallout Spreads

Gold Silver Reports (GSR) – Metals Gripped by Turmoil as Rusal’s Sanctions Fallout Spreads — Consumers, manufacturers and traders are scrambling to secure supply cut off by Rusal, the largest aluminum producer outside China. Aluminum reached a six-year high and nickel jumped the most since 2009. Alumina, a raw material needed to make aluminum, notched a fresh record.

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MCX Aluminium Market Report, April 18, 2018

Neal Bhai Reports (NBR) – MCX Aluminium Market Report – Aluminium on MCX settled up 1.53% at 159.15 gained in late session while prices dropped in the morning session took a breather but was expected to resume its rally as U.S. sanctions disrupt supplies from the world’s No. 2 producer Rusal.

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Gold Demand on Akshaya Tritiya 2018

Gold Silver Reports (GSR) — Gold Demand on Akshaya Tritiya 2018 — First off, “investing in gold is not the same as buying gold for consumption. If you plan to buy gold for your daughter’s wedding or to gift your wife, that shouldn’t be counted as investment. Jewelry has emotional value and people generally don’t wish to sell it except in times of extreme financial distress. In addition, making charges during purchase and breaking charges during sale make jewelry unattractive as a form of investment,”

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