Get commodity future prices for Gold from MCX, NCDEX, NMCE. Get live commodity market price,Gold futures prices from Gold Silver Reports – Neal Bhai Reports
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.
Gold prices rose by Rs 75 to Rs 34,250 per 10 gram in futures trade Friday as participants created fresh positions, tracking a firm trend overseas.
Gold Fleetingly slipped below the key level $1400 psychological mark and refreshed weekly lows during the early North-American session.
Gold Silver Reports (GSR) – Why is Precious Metal Price Rising? – In India, gold prices today crossed the 34,000 per ten gram, buoyed by a global rally in the precious metal. Global prices today rose to five-year high after the US Federal Reserve signaled rate cuts later this year.