Tag: gold tips

15Jan

What are gold stocks and how prices of gold affect them?

Gold is known as the precious metal and is used for different purposes like industrial, manufacturing, personal jewelry and more. This particular commodity is most actively traded on mcx as it is of highly liquid nature. A large number of traders rely on the usage of mcx tips of market experts to ensure their good earnings here. Gold stocks are those shares which traders hold in a gold company which can be either mining corporation or gold mutual fund.Like other stocks, this also makes a trader eligible to claim any profit that comes out of his investment made by him in gold stocks.
Following are the two popular types of gold stocks:
1) Large-Cap gold stocks
These stocks belong to companies which usually have large market capitalisation. Companies with large-cap stocks are more stable and are likely to be a part of a market for long term.
2) Junior gold stocks
Junior or mid-cap stocks are more volatile and belong to companies which are in the business of mining or exploring new deposits of gold and therefore their market capitalisation is also less.
Things to keep in mind before investing in gold stocks:
1) Determine the investment mode
There are different ways by which you can invest in gold stocks: directly in gold mining companies, gold mutual funds and gold ETFs. Each of them has their own advantages and disadvantages.Before spending your hard earned money in them learn about them and after that make a wise choice.
2) Stay updated with market
It is very important to keep yourself updated with daily market movements.This will ensure that you know everything about the investment you have made at any time.
3) Consider experts advise
At times certain emotional factors can influence you to take wrong decisions. Considering a financial advisor may cost some extra amount but it will ensure that you are making the right investment.
Impact of gold price on gold stocks
Price of gold is a primary factor which has to be considered while predicting or understanding prices of gold stocks.The reason behind this is, it is believed that when price of gold rise, gold stocks prices also rises and vice versa.But there are times when we see a strong movement in gold prices and there is not much impact of it on prices of gold stocks. Therefore it can be concluded by saying this though gold prices have its impact on gold stocks but the correlation between both will not be always same. To be on the safer side financial advisory services provider can be consulted to get experts advise on your investment and ensure that you are on the right track. Since high capital is required to trade here it is better to consider experts advise rather than making a wrong investment.
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15Apr

Gold firms are up to near 30,000 and silver regains 43,000 level

The Gold prices rose by Rs 100 to Rs 29,950 per 10 grams for the fourth straight session on Friday i.e, 14th April’17 at the bullion market because the jewelers and a firm trend overseas keeps on buying gold. At the same time, Silver also regained the Rs 43,000 per kg by gaining Rs 100 on the back of increased offtake by industrial units and coin makers.

In traders view the opinion remained substantial largely in line with positive global indication and the local jewelers will be continued to buy the Gold in order to meet wedding season demand at domestic spot market. It’s the time to invest in Gold and take Gold tips from the top advisory.All over the World, the gold rose by 0.09 percent to USD 1,287.80 an ounce and the silver by 0.33 per cent to USD 18.52 an ounce in New York in yesterday’s trade. Moreover, the gold of 99.9 percent and 99.5 percent purity rose further by Rs 100 each to Rs 29,950 and Rs 29,800 per 10 grams, respectively in the national capital. Gold had gained Rs 560 in the previous three days.All over the World, the gold rose by 0.09 percent to USD 1,287.80 an ounce and the silver by 0.33 per cent to USD 18.52 an ounce in New York in yesterday’s trade. Moreover, the gold of 99.9 percent and 99.5 percent purity rose further by Rs 100 each to Rs 29,950 and Rs 29,800 per 10 grams, respectively in the national capital. Gold had gained Rs 560 in the previous three days.

Excellent, however, remained flat at Rs 24,500 per piece of eight grams. The silver position also lifted up by Rs 100 to Rs 43,000 per kg and its weekly-based delivery Rs 120 to Rs 42,570 per kg. And at a previous level of Rs 72,000 for buying and Rs 73,000 for selling of 100 pieces of silver coins are continued to be traded.

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