Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975

Gold Silver Trading Tips

Gold Silver Trading Tips – Yesterday Buy Call Rocking– Gold High 40628, Silver High 45975

Spot gold rose by 0.69 percent to close at $1576.7 per ounce after equities closed negative and the US FED decided to keep interest rates unchanged in their latest monetary policy meeting held yesterday. Yields on the 10-year Treasury note dipped to their lowest since October. 10 as the corona virus impact might hamper the global growth.

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Yellow Metal, We Tell You about some of the Options Available For Investing

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Gold ETFs and Funds

Mutual funds offer exchange-traded funds (ETFs) that invest primarily in physical gold with each ETF unit typically representing 1gm of gold. The equivalent physical gold (Yellow Metal) is held with the custodian bank and valued periodically, as per the Securties and Exchange Board of India’s (Sebi) guidelines. The performance of a gold ETF is benchmarked against the domestic price. Ideally, the returns from the scheme should match that of the benchmark.

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