| | Gold Market
Gold is a financial assent, is in a class of its own. Millions of people all over the world continue to use gold as a hedge against inflation & as a basic form of savings and a reliable store of value during times of economic uncertainty.
Today, Gold trades in many markets around the world. May it be day or night a current market price is being established somewhere. Gold Trading consists of OTC transactions in spot, forward and options with exchange traded futures and options. OTC markets operate on a 24- hour basis around the world.
The collapse of equity markets and the arrival of low interest rates have increased the investor presence in alternative investments such as gold. In India, gold has traditionally played a multi-faceted role. Apart from being used for adornment purpose, it has also served as an asset of the last resort and a hedge against inflation and currency depreciation. But most importantly, it has most often been treated as an investment.
|