As the market braces for the Fed move upwards , Gold seeks to retreat. All metals and commodities could be under strain.
There was quietude on the European front. Gold was not glittering as a safe haven.
Indians and Chinese are not so keen to buy despite the falling prices.
India's non banking financial intermediaries will face acute loan to value issues. This in turn might affect some of India's banks' loan portfolios.
This blog does not offer any investment advice. The views expressed are without any risk or responsibility.
There was quietude on the European front. Gold was not glittering as a safe haven.
Indians and Chinese are not so keen to buy despite the falling prices.
India's non banking financial intermediaries will face acute loan to value issues. This in turn might affect some of India's banks' loan portfolios.
This blog does not offer any investment advice. The views expressed are without any risk or responsibility.
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