Bullion Market India Difination Of Bullion Market?

Difination of Bullion Market? - bullion market india

The gold bars, coins or bars. It is usually gold, silver, palladium and platinum. They are negotiated by brokers. In general, the trader makes money by spreading: they offer for those of suppliers, which is lower than buying the spot price, and asked what the highest and where to sell them. The spot price is derived from the futures market. This is a paper market, where dealers bid for contracts for the supply of precious metals. The main futures markets are in New York, London and Chicago. The future of precious metals will be traded normally in dollars, even outside the United States. However, many major cities of the financial world and some of them are not constrained by U.S. $ trading (either in Dubai and India).

So I have two types of markets: Gold and futures. It is important to recognize the difference, but also how they are interconnected.

Some sources on the Internet:
Kitco.com (distributor of precious metals and futures prices)
Barchart.com Futures (quotations)
Thebulliondesk.com Future (quotations)
(coloradogold.com my FavoRite bullion dealers, cheap)
(Ingots ebay.com cheap if you can reduce the risk of occasional users of fraudulent and abusive)
(gmoolah.blogspot.com my blog where I talk sometimes gold)

I hope that helps.