This is the year I will be stronger, braver, kinder and unstoppable. This year I will be fierce.
Gold Silver Reports – The Nifty staged a late rebound on Friday to end at its highest level in nearly two months after public sector banking shares led financials higher, while gains in stocks such as Tata Motors (TAMO.NS) also provided some support.
Gold Silver Reports – Gold was steady on Thursday but poised to mark its third straight annual loss, ahead of what is likely to be another tough year with the prospect of higher U.S. interest rates and dollar strength.
Largely influenced by U.S. monetary policy and dollar flows, the price of gold has fallen about 10 percent in 2015 as some investors sold the precious metal to buy assets that pay a yield, such as equities.
Presidential election year politics will disrupt markets, leading to a strong year for physical gold and rare coins in 2016, and a drop in the Dow Jones stock market average, predicts Michael Fuljenz, an award-winning precious metals and numismatic writer and President of Universal Coin & Bullion in Beaumont, Texas (www.UniversalCoin.com).
Gold Silver Reports – Ahead of the New Year, Agri markets managed to stage a bounce back even as trading activities remained low in the mandis.
Traders anticipate the new year to bring in some positive sentiments for the Agri counters with recovery expected from these low levels.
Gold 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.
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, …