Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Alert – MCX Trading Holidays 02 September 2019 GANESH CHATURTHI (MONDAY) Market Open in Evening Session 5:00pm – 11:30pm
Alert – MCX Trading Holidays 02 September 2019 GANESH CHATURTHI (MONDAY) Market Open in Evening Session 5:00pm – 11:30pm MCX India Trading Holidays 2019
Why Gold Prices are Rising Suddenly 40,000?
The uncertainty over US-China trade talks, developments in the global market and talks surrounding recession are some of the key reasons that have triggered a rise in prices of gold, reported Business Today.
दिल्ली सर्राफा बाजार में गुरुवार को सोने का भाव 150 रुपये की तेजी के साथ 38,970 रुपये की नई ऊंचाई को छू गया
सोना के दाम में लगातार तेजी बनी हुई है। दिल्ली सर्राफा बाजार में गुरुवार को सोने का भाव 150 रुपये की तेजी के साथ 38,970 रुपये की नई ऊंचाई को छू गया। अखिल भारतीय सर्राफा संघ के अनुसार इस तेजी का मुख्य कारण रुपये का कमजोर होना तथा कमजोर शेयर बाजार को देखते हुए निवेशकों का सर्राफा बाजार की ओर रुख मोड़ना है।
Gold Prices in India Today Resistance Zone ₹38300 Level in Futures Markets
Gold prices in India today resistance zone ₹38,300 level in futures markets while silver struggled. On MCX, October gold futures were down slightly at ₹37,960. Gold futures had hit a new high of ₹38,666 last week.
Desire for Gold is the most Universal and Deeply Rooted Commercial Instinct of the Human Race
The desire for gold is the most universal and deeply rooted commercial instinct of the human race,” said renowned Wall Street trader Gerald M. Loeb. In times of uncertainty, this instinct gets even more pronounced.
Yellow Metal, We Tell You about some of the Options Available For Investing
Gold ETFs and Funds
Mutual funds offer exchange-traded funds (ETFs) that invest primarily in physical gold with each ETF unit typically representing 1gm of gold. The equivalent physical gold (Yellow Metal) is held with the custodian bank and valued periodically, as per the Securties and Exchange Board of India’s (Sebi) guidelines. The performance of a gold ETF is benchmarked against the domestic price. Ideally, the returns from the scheme should match that of the benchmark.