16:49
Mum=27120/39950
G:1207.4/26833
S:38840/Lo:38811
Rs:61.75
Mum=27120/39950
G:1207.4/26833
S:38840/Lo:38811
Rs:61.75
Tuesday, September 30, 2014
Gold/Silver price 13.07 30 Sept
13.07 30 Sept
Mum=27140 40100
Ngp=27410 40150
Sng=27240 40400
Jalg=27210 39650
Jalna=27200 39500
Satara=27250 40300
Solapur=27330
Aurgbd=27250
MCX-G:26877
S:39156
Mum=27140 40100
Ngp=27410 40150
Sng=27240 40400
Jalg=27210 39650
Jalna=27200 39500
Satara=27250 40300
Solapur=27330
Aurgbd=27250
MCX-G:26877
S:39156
Gold/Silver price 30 Sept 9.00
09:00 30Sept
Dubai:24055
Rs:61.58
Sep:61.9425(Open)
Gld:1219.1
Sil:17.60
Crd:94.65
News data in evening
7:15pm: US Chicago PMI
7:30pm: US CB Consumer Confidence
Dubai:24055
Rs:61.58
Sep:61.9425(Open)
Gld:1219.1
Sil:17.60
Crd:94.65
News data in evening
7:15pm: US Chicago PMI
7:30pm: US CB Consumer Confidence
Our dynamic Prime Minister Shri Narendra Modi.
Our Prime Minister Shri Narendra Modiji made a great speech at Madison Square. His positiveness and enthusiasm in taking India ahead and the steps his govt shall take towards its progress shall all be done with taking the people of India together.The three things according to him that India has is Democracy,Demographic and Demand with his slogan Make in India shows his foresight. The dream itself of implementing the plans and policies at the earliest shows that he means action and not words alone.
A simple person who shall take India to new heights and make an important place of India on the globe.
The investor confidence after his govt came
to power has increased and the trend will continue in future. Gold as an investment has lost its charm and may still fall over a period of time. In the coming few months the govt may reduce or remove the mport duty on gold and may also scrap the 80:20 scheme. These steps are long due but may take some time. Price of gold as analysts
put it may come down to rs 25,000 per 10 gms in India if this happens. So freinds it is a matter of time so wait and watch.
A simple person who shall take India to new heights and make an important place of India on the globe.
The investor confidence after his govt came
to power has increased and the trend will continue in future. Gold as an investment has lost its charm and may still fall over a period of time. In the coming few months the govt may reduce or remove the mport duty on gold and may also scrap the 80:20 scheme. These steps are long due but may take some time. Price of gold as analysts
put it may come down to rs 25,000 per 10 gms in India if this happens. So freinds it is a matter of time so wait and watch.
Different jewellers have different gold prices.
Why do different jewellers have different gold rates even though they are in the same city?
Different prices are quoted by different jewellers in same city.It is also because the purity of gold used in manufacturing jewellery is different with different jewellers.
For example if a jeweller gives 18ct jewellery guarantee the guarantee is for 75 percent purity .For this guarantee he manufactures jewellery with 76 percent or even 77 percent purity ie 18.25cts or 18.50 cts purity to maintain hallmarking at 18 ct and 75 percent purity.So ultimately the cost of extra purity above 18ct is reflected in the price.
Though hall marking is done regarding the carat of gold but the prices of gold are determined by the various supplier groups in the physical markets. There is no standard agency which realeses a fixed price.Demand and supply of physical delivery of gold is varying and is not centralised like the mcx.
Different suppliers quote different prices of gold which slightly vary and
depending on from whom you purchase or are in contact with for your supply you furthur quote to the customer.
Different prices are quoted by different jewellers in same city.It is also because the purity of gold used in manufacturing jewellery is different with different jewellers.
For example if a jeweller gives 18ct jewellery guarantee the guarantee is for 75 percent purity .For this guarantee he manufactures jewellery with 76 percent or even 77 percent purity ie 18.25cts or 18.50 cts purity to maintain hallmarking at 18 ct and 75 percent purity.So ultimately the cost of extra purity above 18ct is reflected in the price.
Though hall marking is done regarding the carat of gold but the prices of gold are determined by the various supplier groups in the physical markets. There is no standard agency which realeses a fixed price.Demand and supply of physical delivery of gold is varying and is not centralised like the mcx.
Different suppliers quote different prices of gold which slightly vary and
depending on from whom you purchase or are in contact with for your supply you furthur quote to the customer.
Gold price and improvement in economy.
Why is it said that a fall in price of gold a sign of improvement in the economy?
There are a lot of factors on which the price of gold depends.One major factor is the confidence of the people in the economy.If people have more confidence in the economy they will stop investing in gold and invest in other avenues like stocks and shares and property where the yields are high.Since the demand also falls for gold at such time the price of gold goes down. Also the price of gold and inflation normally move together and expectation of lower inflation results in lower gold price as it acts as a hedge against inflation. This is the reason why lowering of gold price is seen as an improvement in economy.
There are a lot of factors on which the price of gold depends.One major factor is the confidence of the people in the economy.If people have more confidence in the economy they will stop investing in gold and invest in other avenues like stocks and shares and property where the yields are high.Since the demand also falls for gold at such time the price of gold goes down. Also the price of gold and inflation normally move together and expectation of lower inflation results in lower gold price as it acts as a hedge against inflation. This is the reason why lowering of gold price is seen as an improvement in economy.
Monday, September 29, 2014
Price Gold /Silver
22.00 29/07
Mum=27150/40300
G:1217.0/26892
S:17.42/39143
Prices of gold silver may show a strong upward trend till Diwali though may be a slow rise .November onwards the prices may be weak and may fall furthur and show a downward movement.
Mum=27150/40300
G:1217.0/26892
S:17.42/39143
Prices of gold silver may show a strong upward trend till Diwali though may be a slow rise .November onwards the prices may be weak and may fall furthur and show a downward movement.
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