Wait...
  1. Home >
  2. Export Import News >
  3. Economy News >
  4. Gold gains on soft equities, US data >
  5. Gold gains on soft equities, US data

Online Export Import Data Search

recentSearch
Complete Training Video : Click Here

Gold gains on soft equities, US data.


Date: 27-03-2019
Subject: Gold gains on soft equities, US data
Gold inched up on Wednesday, after falling the most in nearly two weeks in the previous session, as share markets retreated on worries about a possible U.S. recession and weak data added to concerns about the economy.

FUNDAMENTALS
* Spot gold was up 0.1 percent at $1,317.14 per ounce as of 0126 GMT, after registering its biggest one-day percentage decline since March 14 in the previous session.
* U.S. gold futures were also up about 0.1 percent at $1,316.80 an ounce.
* Asian shares slipped on Wednesday, giving up their small gains made in the previous day, as investors tried to come to terms with a sharp shift in U.S. bond markets and the implications for the world’s top economy.
* Though benchmark 10-year note yields were steady above their lowest level since December 2017, the yield curve was inverted by around four basis points. If it persists the inversion is seen as an indicator that a recession is likely in one to two years.
* U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to near a two-year low, while consumer confidence ebbed in March, offering more evidence of a sharp slowdown in economic activity early in the year.
* Germany’s 10-year bond yields held below zero percent, just above 2-1/2-year lows, on Tuesday, weighed down by fears of global economic slowdown and uncertainty about the impact of a potentially chaotic Brexit on the euro zone.
* President Donald Trump’s expected nominee for the Federal Reserve Board of Governors, Stephen Moore, said the U.S. central bank should immediately cut interest rates by half a percentage point, according to an interview with the New York Times on Tuesday.
* The U.S. House of Representatives on Tuesday failed to override Trump’s first veto, leaving in place the “national emergency” he declared last month to build a U.S.-Mexico border wall that Congress has not funded.
* British Prime Minister Theresa May will address her Conservative lawmakers on Wednesday, possibly to set out a timetable for her departure in a last throw of the dice to win support for her twice-rejected Brexit deal in parliament.
* China’s net gold imports in February via main conduit Hong Kong fell 13.6 percent from the previous month, as economic woes dented appetite in the world’s top bullion consumer.
* SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, said its holdings rose 0.4 percent on Tuesday.

Source: financialexpress.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 14-08-2019
Notification No.60/2019 - Customs (N.T.)
Exchange Rates Notification No.60/2019-Custom(NT) dated 14.08.2019.

Date: 14-08-2019
Notification No. 61/2019-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.

Date: 14-08-2019
PUBLIC NOTICE NO. 25/2015-2020
Modification of Para 4.12(vi) of HBP and addition of Appendix 4P to Hand Book of Procedures 2015-20 – reg.

Date: 13-08-2019
Notification No.59/2019 - Customs (N.T.)
Exchange Rates Notification No.59/2019-Custom(NT) dated 13.08.2019.

Date: 13-08-2019
Instruction No. 03/2019-Customs
Recovery of Export benefits given under incentive and Reward Schemes under Chapter 3 of FTP on re-import of export goods.

Date: 10-08-2019
NOTIFICATION No. 32/2019-Customs (ADD)
Seeks to impose anti-dumping duty on imports of "Homopolymer of vinyl chloride monomer (suspension grade)" originating in or exported from China PR and USA for 30 months with effect from 13th August, 2019, in pursuance of SSR investigation by DGTR.

Date: 08-08-2019
Notification No. 57/2019-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver.

Date: 08-08-2019
Trade Notice 29/2019-20
Online filling of applications for claiming assistance under Transport and Marketing Assistance (TMA) for Specified Agriculture Products Schem

Date: 08-08-2019
Notification No. 58/ 2019-Customs (N.T.)
Further amending Notification No. 12/97-CUSTOMS (N.T.), dated the 2nd April, 1997

Date: 08-08-2019
Circular No. 24/2019-Customs
Clarification regarding applicability of All Industry Rates of duty drawback while fixing Brand Rate of duty drawback in post GST era.



Exim Guru Copyright © 1999-2019 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o Infodrive India
E-2, 3rd Floor, Kalkaji Main Road
New Delhi - 110019, India
Phone : 011 - 40703001