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Lead
17-APR-14
128.90.43
Lead
17-APR-14
130.10.39
COPPER1KG
17-APR-14
407.80.77
Cotton
17-APR-14
201400.05
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Commodity profile - IGOLDM MUM
Latin Name
General characterstics
"I-gold" is a platform, which facilitates intelligent investment in gold with an option of physical or demat holding of gold. It assures quality & purity - 24 k, 995 & 999 fineness of gold bars, approved by London Bullion Market Association (LBMA)
Uses
1.A good thermal and electrical conductor, gold is generally alloyed to increase its strength, and is used as an international monetary standard, in jewelry, for decoration, and as a plated coating on a wide variety of electrical and mechanical components.
Market moving factor
1.Indian gold prices broadly follow international price trends.
2.Ground supply of gold directly co-relates with prices of gold. Gold supply is also determined by central bank sales, reclaimed scrap and official gold loans.
3.Demand for gold is closely tied to the production of jewelry and demad for gold during the festive seasons.
4.World macro-economic factors such as US Dollar, interest rate and crude oil prices influence the prices of gold.
5.Return on investment in gold compare to return on stock markets drive the sentiment of market.
 
 
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