ETFs in Gold Monetisation Scheme

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gsr-gold-5248-neal-bhaiGold Silver Reports – The gold exchange traded funds can now invest in India’s Gold Monetisation Scheme(GMS). The Securities and Exchange Board of India (SEBI) has issued a circular giving approval for this.

As per the latest SEBI circular, the cumulative investment by Gold ETF in GDS and GMS will not exceed 20% of total AUM of such schemes.

2015 Ends With An Ugly Close

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Gold Silver Reports – U.S. stocks closed out the final trading day of 2015 with both the Dow and S&P 500 suffering their first year of negative returns since 2008 when the financial crisis was in full swing. Both benchmarks were on the verge of a positive year at the start of today’s trading session, with the Dow needing a sizable, 219-point gain to hit break even. However, it wasn’t meant to be today, as all three major indexes fell about 1% or more and closed at their lows. The Nasdaq reigned supreme for 2015, posting final annual gains of 5.7%, while the S&P 500 and Dow ended the year down about 1%. Oil was by far the biggest loser this year, with the price of U.S. Crude dropping a whopping 30.5%. – Neal Bhai Reports

Fire Breaks Out in Luxury Dubai Hotel

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Fire Breaks Out in Luxury Dubai Hotel
Fire Breaks Out in Luxury Dubai Hotel

Gold Silver Reports – A fire engulfed a luxury hotel in downtown Dubai close to the Burj Khalifa tower where thousands of people gathered for a New Year’s Eve fireworks display.

Authorities evacuated all guests out of the Address Downtown Dubai hotel, Civil Defense official Rashid al-Matroushi told al-Arabiya television late on Thursday. Fifteen people sustained light to moderate injuries, while one person suffered a heart attack, according to the Dubai media office. A fireworks show continued as scheduled at about midnight, meters away from where the hotel fire was still going but appeared to be losing intensity.

HAPPY NEW YEAR FROM SYDNEY, AUSTRALIA!

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LIVE: Massive Fire At 63-Story Hotel In Dubai

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I Love My India Happy New Year

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gar-i-love-india-neal-bhai-reports

I Love My India Happy New Year | Neal Bhai Reports

Happy New Year 2016 Friends

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gsr-happy-new-year-2016-neal-bhaiBetween intelligent and respectful people relation of Friends are more valuable then blood’s So be my friends in next 365 days:- Neal Bhai

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