Metals, Mining & Minerals Newsletter - April 10 to 14, 2017

India Infoline News Service | Mumbai | April 15, 2017 09:45 IST

This week, “The yellow metal jumped to a 5 month high on Thursday as the U.S. Dollar slipped, followed by Donald Trump’s comments that he prefers lower interest rates with the greenback getting too strong, as also due to the rising worries over U.S. relations with Russia and North Korea.”

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Gold slips from 5-month high as dollar rebounds

The yellow metal retreated from its 5-month high in Thursday’s trading session as dollar rebounded from a decline, led by U.S. President Donald Trump stating that the greenback is too strong & now he prefers the Federal Reserve to keep interest low. Read more

Cairn India and Vedanta witness selling pressure

The pair Cairn India and Vedanta Limited were buzzing owing to their merger. However, it can be seen that the merger could not cheer the shareholders. Read more

Steel price surges as cyclone Debbie hits Australia

Australia has been hit by cyclone Debbie last month. The cyclone has neutralised export activities at major mines & ports in Australia. Read more

Gold jumps to 5 month peak as dollar tanks due to Trump's comments

The yellow metal jumped to a 5 month high on Thursday as the U.S. Dollar slipped, followed by Donald Trump’s comments that he prefers lower interest rates with the greenback getting too strong, as also due to the rising worries over U.S. relations with Russia and North Korea. Read more

Disclaimer: The contents herein is specifically prepared by ‘Dalal Street Investment Journal’, and is for your information & personal consumption only. India Infoline Limited or Dalal Street Investment Journal do not guarantee the accuracy, correctness, completeness or reliability of information contained herein and shall not be held responsible.

 

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