MTECHTIPS;-Gold demand to be subdued, Q4 to see pick up'For the third quarter of this calendar year spanning July, August and September, Kedia Commodities is not expecting demand to pick up in gold in India owing to 'Adhik Maas'(meaning additional month), a traditional Hindu calendar time period when purchase of gold is expected to be low on grounds of cultural belief.“Demand should emerge during the Q4, which corresponds to wedding season and the Diwali festival in November. But demand recovery is dependent on rupee appreciation and year to date rupee has depreciated by almost 17.62%; from 45.74 to 55.52 . High prices related todepreciation of the currency would induce profit booking and a plunge in prices.” the report noted.Gold in India has once again tested the fresh high of 30440.00/10gms on MCX and 30600.00/10gms in Mumbai spot market on WednesdayMacro economic uncertainties has prompted governments around the world to pump in reserves of gold. As of August, the Reserve Bank of India has 558 tonnes of gold in its reserves, which accounts for 10 per cent of its total reserves.India is ranked eleventh among the top 100 gold-holding countries. WWW.MTECHTIPS.COM 07489294118
MTECHTIPS;-Gold demand to be subdued, Q4 to see pick up’For the third quarter of this calendar year spanning July, August and September, Kedia Commodities is not expecting demand to pick up in gold in India owing to ‘Adhik Maas’(meaning additional month), a traditional Hindu calendar time period when purchase of gold is expected to be low on grounds of cultural belief.“Demand should emerge during the Q4, which corresponds to wedding season and the Diwali festival in November. But demand recovery is dependent on rupee appreciation and year to date rupee has depreciated by almost 17.62%; from 45.74 to 55.52 . High prices related todepreciation of the currency would induce profit booking and a plunge in prices.” the report noted.Gold in India has once again tested the fresh high of 30440.00/10gms on MCX and 30600.00/10gms in Mumbai spot market on WednesdayMacro economic uncertainties has prompted governments around the world to pump in reserves of gold. As of August, the Reserve Bank of India has 558 tonnes of gold in its reserves, which accounts for 10 per cent of its total reserves.India is ranked eleventh among the top 100 gold-holding countries.
WWW.MTECHTIPS.COM 07489294118
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
