New Delhi: Gold prices remained flat at Rs 74,150 per 10 grams in the national capital on Wednesday, according to the All India Sarafa Association. The yellow metal of 99.9 per cent purity had jumped Rs 1,400 to settle at Rs 74,150 per 10 grams in the previous session on Tuesday. However, silver prices declined […]

New Delhi: The new norms for permissible wastage amount for gold, silver and platinum content in jewellery exports will now be in abeyance till August 31, 2024, according to DGFT. The decision was taken on the request of the Gems and Jewellery Export Promotion Council (GJEPC), DGFT said in a public notice. In May, the […]

Union Finance Minister Nirmala Sitharaman today announced to slash basic customs duty on Gold and Silver. The basic customs duty (BCD) on gold has been reduced to 6% from 10%. The move is likely to ease gold and silver prices in the coming days. “To enhance domestic value addition in gold and precious metal jewellery […]

New Delhi: Trinamool Congress MP Saket Gokhale took to microblogging site X (formerly Twitter) to say that serious concerns have been raised about “a very strange trend” emerging for the last eight months. Divulging details of the matter, in a post titled ‘Is there a HUGE silver scam being carried out through the GIFT city […]

New Delhi: Gold prices rose Rs 100 to Rs 73,410 per 10 grams in the national capital on Monday in line with strong global trend, according to HDFC Securities. The precious metal closed at Rs 73,310 per 10 grams in the previous session. Silver prices also rallied Rs 870 to Rs 94,270 per kg. It […]

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Lumber mills are in curtailment and pulling hundreds of millions of board feet out of production and the prices continue to fall. https://www.cnbc.com/quotes/@LB.1 https://www.businessinsider.com/chinese-supply-chains-moving-companies-outside-mainland-2023-4 https://www.castanet.net/news/Vernon/421786/Layoffs-issued-as-Tolko-cuts-shifts-in-Armstrong-Williams-Lake https://www.lesprom.com/en/news/Imports_of_softwood_lumber_to_China_increase_31_in_March_107399/ https://invezz.com/news/2023/04/25/1224306lumber-prices-forecast-stuck-in-a-range-as-signs-of-bottoming-emerge/ https://www.cnn.com/2023/04/25/business/3m-layoffs/index.html Join this channel to get access to perks: https://www.youtube.com/channel/UCkB8eF4ATHl4Jm1BeCZgQ9A/join uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria , OR 97103 Instagram uneducated.economist patreon https://www.patreon.com/UneducatedEconomist Want to buy me […]

#inflation #deflation #recession The retail apocalypse will continue as the wave of bankruptcies ripples through the economy. Retail dying on the vine https://www.foxbusiness.com/economy/home-depot-ceo-predicts-a-lot-of-bankruptcies-in-us-economy-its-different-than-anything-ive-seen https://news.yahoo.com/walmart-set-close-stores-portland-154823875.html https://www.wsj.com/articles/economists-turn-more-pessimistic-on-inflation-ed2fd667 Some Astonishing Trends in Retail Sales beyond the Month-to-Month Data Noise https://www.bloomberg.com/opinion/articles/2023-04-13/the-dollar-rules-the-world-now-and-for-the-foreseeable-future https://www.marketplace.org/2023/04/14/banks-are-borrowing-less-from-the-federal-reserve/amp/ Join this channel to get access to perks: https://www.youtube.com/channel/UCkB8eF4ATHl4Jm1BeCZgQ9A/join uneducatedeconomist.com uneducatedeconomist@gmail.com real mail P.O. 731 Astoria , […]

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