Technical Outlook validity of October 18, 2013 the Support Unit to the Resistance Spot gold $ / oz 1307/1298 1325/1334 MCX Gold Dec’13 Rs/10 g 29300/29100 29700/29900 Silver Spot $ / oz 21.60/21.40 Silver MCX Dec’13 22.00/22.20 Rs / kg 47700/47300 48600/490
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1) Gold Bullion Standard:
The basis of money remains a fixed weight of gold but the currency in circulation consist of paper notes with the authorities standing ready to convert unlimited amounts of paper currency in to gold and vice-versa, on demand at a fixed conversion ratio.
Thus a pound...
Indian market - Bullion
Market
Largest consumer (Rs. 400 bn) – traditional form of investment
Large stock of unaccounted metal
Skills in hand made jewellery
Potential
Use it as monetary unit to boost rural economy
Effective instrument for investment diversification
Boost jewellery...
The bullion reserve of a country is the indicator of the amount of wealth a country possesses. Bullion is defined as a bulk quantity of precious metals consisting of gold, silver and others that can be assessed by weight and cast as a lump.
I don't think it would be better to invest heavely in...
Attaching a file on hedging price risk in bullion.
it includes:
Gold price fluctation
Understanding price fluctations wrt to Gold
Business model
dealing with price fluctations
njoy..
Dubai Gold Receipt enables brisk trading in Bullion
DUBAI: Secured financing has reached unprecedented levels in the UAE with the Dubai Gold Receipt (DGR) enabling financing of over US$100 million over the past eight months.
According to an announcement from Dubai Multi Commodities Centre...
Bullion futures in Asia in 'recession mode'
US recession worries and reports of global economic slowdown led to a decline in bullion futures across Asian markets. In India, the gold market was in negative mood, as most traders and dealers said buyers were waiting for a correction in the...
Will Bullion reach $1,000?
If the experts are right, gold could be poised for another banner year in 2008.
Experts say they expect continued weakness in the dollar and robust investment demand, and that prices for gold could surge to above $1,000 an ounce in the next 12 months, according to a...