Gold

[ashu1234]

Just info for all of you.
Spot gold trading at discount
Jewellery shop owners are not interested in selling at the rate which should ideally be 35 k now as per norm. Probably first time in the history.
http://www.indiagoldrate.com/gold-rate-in-mumbai-today.htm
32600 mumbai spot.
God bless gold traders!

 

[praveen taneja]

Just info for all of you.
Spot gold trading at discount
Jewellery shop owners are not interested in selling at the rate which should ideally be 35 k now as per norm. Probably first time in the history.
http://www.indiagoldrate.com/gold-rate-in-mumbai-today.htm
32600 mumbai spot.
God bless gold traders!

ya thats true and confirmed but can they hold as now hallmark is not at dis and made up jew at dis:thumb:

 

[ankur07090]

Hi all
Can anybody please tell me that gold(usd) and gold(INR) are moved in same direction
I am watching some charts on www.investing.com which only shows gold(USD), gold(INR)
there is no option for goldm MCX price and charts
so if gold(INR) price increases then there should be increase in goldm in MCX

thanks

 

[stock72]

where is PT bhai ???????????????????????

 

[Klewtar]

PT, please update this thread. I'm missing your energy in the commodities forum

 

[praveen taneja]

I am back and will try be regular at the thread and at forum

 

[billi]

Gold is skyrocketing with no limits on the chart, waiting for the pull back for making a short.

 

[praveen taneja]

Gold is skyrocketing with no limits on the chart, waiting for the pull back for making a short.

Gold is not a commodity on which you can do pre-decided trade as It runs on news flow from Govt policies and countries' Reserve banks so trade what you see and not what you decide. The Iran-Israel conflict is not yet over and any spike will take it back toward UP

 

[praveen taneja]

Global uncertainty and the $ index are both rising so Instead of trading Gold futures Gold ETFs are safe and better and I trade in that so to first entry at 7.77 in Tata Gold. Never buy all in one GO

 

[stoch]

Gold is not a commodity on which you can do pre-decided trade as It runs on news flow from Govt policies and countries' Reserve banks so trade what you see and not what you decide. The Iran-Israel conflict is not yet over and any spike will take it back toward UP

Yeah its upside potential looks unlimited, there is no constraints like in stocks, where share price is determined by discounted future profits which obviously have their limits. More shocks or uncertainty - more gains in Gold, it can even cost 10K per troy ounce if sufficient number of shocks occur