Covid infections up after Platinum Jubilee celebrations
The latest UK figures cover the long weekend of partying and suggest one in 45 has Covid. Source link
Platinum
India restricts imports of waste, scrap with precious metals
The government has restricted the imports of certain waste and scrap of precious metal or of metal clad with precious metal. Their imports were free earlier. The Directorate General of Foreign Trade amended the import policy for ash containing precious metal or precious metal compounds including gold, platinum and silver to “restricted” from “free” which … Read more
Will resolve Mekedatu, Mahadayi and Krishna project disputes: Karnataka CM Basavaraj Bommai
Karnataka Chief Minister Basavaraj Bommai on Sunday said he is committed to resolve all the water disputes including the contentious Mekedatu balancing reservoir across Cauvery river, Mahadayi drinking water project and the third stage of the Upper project. “We have to complete the third stage of Upper Krishna project to irrigate 5.5 lakh hectares land. … Read more
Gold heads for worst week in 9 months after Fed blow
Gold struggled for direction in choppy trading on Friday en route to its worst week in nine months as the resumed its rally while investors took stock of the US Federal Reserve‘s hawkish outlook. Spot gold edged 0.2% down to $1,770.60 per ounce by 10:28 a.m. EDT (1428 GMT), stalling an initial uptick on some … Read more
Palladium soars to within sight of $3,000 in record run
Palladium extended its blistering rally to an all-time high within striking distance of $3,000 on Friday on supply concerns and bets for improving demand, while gold pulled back on strong US economic data. Palladium jumped more than 3% to a record high of $2,925.14 per ounce, poised for a second straight weekly gain. Many analysts … Read more