Nifty Ends Near 2 Month High

gsr-share-market-neal-bhai-reportsGold 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.

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Gold Heads For 3rd Annual Loss

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.

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7 bold Reports About Gold for 2016 New Year

gsr-comex-gold-5Presidential 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).

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Indian Agri Markets Hopeful of Positive in 2016 New Year

gsr-Agri-commodity-neal-bhai-reportsGold 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.

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ETFs in Gold Monetisation Scheme

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.

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2015 Ends With An Ugly Close

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 …

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Fire Breaks Out in Luxury Dubai Hotel

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.

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