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14 August 2020

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14-Aug-2020 (18:33)
Economic Buzz: German Economic Recovery Process Will Be Slow And Take A Long Time To Complete,Says Economy Ministry
14-Aug-2020 (17:34)
Silver Cracks Lower By More Than 3%

Silver futures plummeted today, extending losses in afternoon as European markets saw a heavy fall. UK’s FTSE 100 lost sharply. UK has imposed a new 14-day quarantine period on all arrivals from France from Saturday due to the rising rate of coronavirus cases in the country. Silver has been hurt on a slide in Gold and worries over economic trends in leading economies.

China's industrial production grew 4.8% on a yearly basis in July, the same rate of growth as seen in June, data from the National Bureau of Statistics revealed Friday. At the same time, retail sales dropped 1.1% from last year. Sales had declined 1.8% in June. During January to July period, fixed asset investment decreased 1.6% versus a 3.1% decrease in January to June. Euro area economy contracted at a record pace in the second quarter, as initially estimated, due to the containment measures taken by member countries to control the spread of the coronavirus, flash estimate from Eurostat showed Friday. Gross domestic product fell 12.1% sequentially in the second quarter, following a 3.6% drop in the first quarter. This was the sharpest decline seen since the series began in 1995. Year-on-year, GDP was down 15% versus a 3.1% decline a quarter ago. This was also the sharpest decrease since 1995.

COMEX Silver futures are currently quoting at $26.80 per ounce, down 3.30% on the day. MCX Silver is also lower by 3.20% at Rs 71225 per kg.

14-Aug-2020 (17:25)
Natural Gas Gains, MCX Futures Around Rs 165 Mark
14-Aug-2020 (15:35)
Economic Buzz: Eurozone GDP Tumbles Most On Record In Q2
14-Aug-2020 (15:29)
Economic Buzz: Japan Tertiary Industry Activity Rises 7.9% On Month In June
14-Aug-2020 (14:29)
Commodities Buzz: Live Water Storage In Reservoirs Down 12% Over Year
14-Aug-2020 (13:43)
COMEX Gold Slides Half A Percent
14-Aug-2020 (12:58)
Jeera Stays Near Two Week High On NCDEX
14-Aug-2020 (12:44)
Agri Buzz: India Edible Oil Imports Surge 13% On Year In July 2020
14-Aug-2020 (12:22)
Agri Buzz: Gujarat Kharif Area Up 9.30%, Cotton Acreage Tumbles Nearly 13%
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