COMMODITIES: Bullions have gained as geopolitical and tariff uncertainty

AHMEDABAD, 24 FEBRUARY: Bullion prices gained after US President Donald Trump reignited tariff war in his message to trade partners through social media. He wrote that any country that wants to “play games” with the ridiculous supreme court decision, will be met with a much higher tariff, and worse, than that which they just recently agreed to. Meanwhile the Wall street journal has reported that the Trump administration is now considering to impose a national security tariff on plastic piping, chemicals, cast iron and iron fittings and batteries. This will be a separate tariff over and above the global tariff rate of 15% announced during the weekend. Finally, the people’s bank of China kept interest rates unchanged at 3% and 3.5% respectively. The decision was on expected lines despite mixed economic signals from the Chinese economic data.

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(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)