Gold and silver that is officially recognized as being at least 99.5% pure and is in the form of bars or ingots rather than coins. The price of gold bullion is influenced by demand from companies that use gold to make jewellery and other products, and by perceptions of the overall economy (for example, gold becomes more popular as an investment during times of economic instability).
Reserve Bank of India and investors who hold gold typically do so in the form of bullion, but it is expensive to store and insure. Bullion is traded in the bullion market, which is primarily an OTC market open 24 hours a day. Trade volume in the bullion market is high, and most transactions are completed electronically or by phone.
Trader can trade Gold & Silver
Contract Size: 100 Contract of Gold & 30 Contract of Silver
Expiration Cycle: Gold- 2 Months (16th of contract launch month to 5th of a+2 month)
Silver-2/3 Months (16th of contract launch month to 5th of a+2/3 month)
Tick Size: 1 rupee per 10 gm Gold future and 1 rupee per kg Silver future
Trading Hours: 10:00 a.m. to 11:30 p.m. IST (on business days)
First trading day: 16th of contract launch month
Last Trading Day: 5th day of every contract expiry month or 6th if 5th is holiday
Margin Requirement: Generally 5% of the total contract value
Hyderabad based Pennar Industries Limited (PIL) is one of the fastest-growing mid-sized engineering companies in India involved in the manufacturing of Cold rolled steel strips, Precision tubes, sheet metal components, road safety systems and many more. Since inception, company has heavily modified its product line. The company has six manufacturing facilities across India. Apart from this, company has two subsidiaries – Pennar Engineered Building Systems (PEBS) and Pennar Enviro Limited (PEL). PEBS specializes in the proceedings of pre-engineered steel building and building components while PEL functions in the field of waste water treatment, fuel additives etc.
Traders of the financial markets, small or big, private or institutional, investing or speculative, all try to find ways to limit the risk and increase the probabilities of winning. There are many trading strategies out there and hedging is one of them. In fact, hedging is one of the best strategies to do just that, that's why many large institutions use it as a mandatory component of their tactics. There are even investment funds that are named after this strategy, because they 'hedge' most of the trades and that's why they are called 'hedge funds'.
The main attraction of trading is that people feel they can make quick money. But there are no free lunches. Trading requires a lot of discipline.
While traders do make as well as lose money, whether this activity suits you depends on your financial position.
Once you do your financial planning in detail, you know what your commitments are, as well as your risk appetite.
Why December Is Looking Likelier for the Fed to Raise Interest Rates
One of these days, the Federal Reserve tells us, it will decide to raise interest rates.
The announcement will be akin to a doctor’s decision that a patient is well enough to be gradually taken off medication. The thinking inside the Fed is that the economy is finally healthy enough that borrowing costs should return to more “normal” levels to help keep future inflation from accelerating too much.