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Thursday, July 27, 2017 6:01 PM

UBS Wealth Recommends Buying Gold Near $1,200 for Insurance

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Shandong Gold Says It May Have Found China's Biggest Gold MineMoney Market Guru — Gold will probably trade in a range of $1,200 to $1,300 an ounce in the short-term as the metal tracks U.S. real interest rates, according to UBS Group AG’s wealth management unit.

India Rolls Out Massive Tax Reform, Businesses Brace for Chaos

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GST -Tax Reform,Money Market Guru — Prime Minister Narendra Modi launched India’s biggest tax reform in its 70-year history, as businesses and citizens across the country steeled themselves for the economic turmoil that’s expected to follow.

India’s Paytm Said to Seek License to Offer Money Market Fund

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Money Market Guru — India’s largest digital-payments company, Paytm, is seeking a license to set up a money market fund where users can store cash and earn interest, in competition with the country’s banks, according to a person familiar with the matter.

Nickel MCX Sell Sell Sell Between 566—572 Target 542

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Free Tips : MCX Nickel Positional Tips

Nickel MCX Sell Sell Sell Between 566 — 572

USDA Estimates 6 percent Rise In Indian Vegetable Oil Consumption

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Money Market Guru — As per latest update from United States Department of Agriculture (USDA), Indias Total edible oil production in the forecast year will rise by 6.4-percent to 7.6 MMT due to an increase in the crush, excepting for sunflower oil, which is expected to sink to a decadal low.

USDA Estimates Lower Chinese Corn Supplies In MY 2016/17

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Money Market Guru — As per latest update from United States Department of Agriculture (USDA), Chinas MY2017/18 corn production is forecast to decline one percent from MY2016/17, although some recent industry planting surveys suggest that corn production could decline even more, especially in North East China.

Gold MCX Technical Comment For The Day 10 April

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Money Market Guru — Refined Gold prices were down 0.19% to end at Rs 28665 per 10 grams. The metal tested a high of Rs 29000 per kg and a low of Rs 28661 per 10 grams. Resistance for Refined Gold is at Rs 29200 per 10 grams. Support for Gold is at Rs 28500 per 10 grams.

Copper MCX Technical Comment For The Day 10 April

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Money Market Guru — The prices of MCX Copper depleted yet again last week. Copper declined by 1.01% to end at Rs 376.80 per kg. On the higher side, Rs 379.40 per kg was noted while on the lower side, Rs 370.60 per kg was noted.

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