Need Gold historical data

rocky01

Active Member
#21
thanx a lot dude neil but as you gave me link so that i can update evry day you are knowing any website than kindly suggest it plz plz thanx 1c again....will be waiting 4 your reply
 

rpc

Active Member
#24
@rpc: sorry i cant answer your question ...


-neil
Hi Neil
Thks for the reply.Can you tell me if we can buy gold at mcx just like shares bought on delivery basis, and sell them after 3-4 yrs or is it just for futures since you have said we have to hold till expiry.
Best wishes for your exams.
rpc
 

rpc

Active Member
#26
hi neil
I will read abt contracts at mcx.
Thanks for explaining all these things.Will wait for your exams to get over to know your views on etfs.
Best Luck
rpc
 
#28
About the question on ETF's, Exchange Traded Funds are somewhat like mutual funds in the sense that the fund value depends on the stock/commodity it owns. But unlike mutual funds ETF's are NOT managed and the underlying stock/commodity remains fixed similar to an index like sensex or nifty. You can trade ETF's like futures.

Correct me if i'm wrong but i think the NIFTY future that we trade is an ETF similar to the SPY (aka SPIDER) of united states which is based on the S&P index.

advantages of an ETF:
1) Not Managed (well that could be a disadvantage for some)
2) Commissions and other fees are low compared to mutual funds (no paying fund managers etc.)

Hope this helps :)
Happy New Year 2010 to all

-neil
 

VJAY

Well-Known Member
#29

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