Buying gold in commodities trading?
dragon bull asked:
Iv heard that we can invest in gold using commodities trading option. Please somebody let me know the details..
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Iv heard that we can invest in gold using commodities trading option. Please somebody let me know the details..
I have a few doubts like……
1. How do i start this. I do not have any demat or any other share related account or any other stuff.
2. What will be my buying option. Can i buy gold equivalent for any money that i have, or is there any upper/lower limit for the quantity for each time buying.
3. Can i sell these gold equivalent in my account if needed at any time. If so how and what will be the value that i get then?
Thanks
October 25th, 2009 at 3:11 am
If you are a retail investor, dont think on commodity market. for investing in gold buy ETFs. etf means exchange traded fund it trades in NSE. named as GOLDBEES. i suggest you goldbees because it has good liquidity. for more contact your broker. PRAGATHI
October 27th, 2009 at 2:07 pm
pls open a commodity account through any share sub broker then u can. but there is one condition that there is minimum quantity fixed for supply is 100 grams UDIT VIKRAM D