MCX Gold petal vs E-gold

amsin21

Well-Known Member
#1
Last edited:

praveen taneja

Well-Known Member
#2
Hi seniors,

Please give an insight on MCX Gold petal and E-gold. What is the difference and which is better for long term, say for 10 years?

Thanks

http://www.mcxindia.com/goldpetal/investment.html

http://www.nationalspotexchange.com/eseries.htm?m=3
Question is for seniors and which is I am not but till any one reply can say that NOTHING

If someone is in profit and he didnot booked then its useless

PETAL is always good on ETF due to high liquidity and leverage say for one ETF we need 2900+ but for PETAL its 125Rs around:)
 

prst

Well-Known Member
#3
Question is for seniors and which is I am not but till any one reply can say that NOTHING

If someone is in profit and he didnot booked then its useless

PETAL is always good on ETF due to high liquidity and leverage say for one ETF we need 2900+ but for PETAL its 125Rs around:)
but PETAL has a time limit right.
contract for this month or next month..
 

amsin21

Well-Known Member
#4
Question is for seniors and which is I am not but till any one reply can say that NOTHING

If someone is in profit and he didnot booked then its useless

PETAL is always good on ETF due to high liquidity and leverage say for one ETF we need 2900+ but for PETAL its 125Rs around:)
Thanks..now for everyone...:! but the answer didn't addressed my question. I need to know from long term investment point of view
 

praveen taneja

Well-Known Member
#5
but PETAL has a time limit right.
contract for this month or next month..
True .................

people who buy petal switch to next mnth on a day when fall comes more and premium reduces:thumb::thumb:
 

praveen taneja

Well-Known Member
#6
Thanks..now for everyone...:! but the answer didn't addressed my question. I need to know from long term investment point of view
Bro max Long term investors were dead in last tsunami of 2008 :p

Bache hue logon ka number aajkal lagaa hua hai

watch ULIPS SIP and MF buyers so become long term investor whenever you have 25% + profit book invest profit in debt fund or in FD and wait for a dip and investing game start again :thumb::thumb:

Profit loss all urs decision urs so pls IF in any momemnt of life u think it was a bad decision it was urs I only suggest and show u a wayJai Ram Ji Ki
 

prst

Well-Known Member
#7
Re: MCX Gold petal vs NSEL E-gold

Hello,

Please give an insight on MCX Gold petal and E-gold. What is the difference and which is better for long term, say for 10 years?

Thanks

http://www.mcxindia.com/goldpetal/investment.html

http://www.nationalspotexchange.com/eseries.htm?m=3
i dont like petal , since it is futures.
so it cant be called as investment.

u hav 2 options for investment
1. if u have a bulk amount to invest, u can go for e gold.
u hav to buy minimum 8 gm at a time.
another advantage is, u can convert it to physical gold ( subject to certain conditions and some conversion charges) once u accumulate several gms.

2. if u wnt to do some kind of SIP , u can buy even a gm or half of gold etf using gold bees and qgold half .
 

amsin21

Well-Known Member
#8
Re: MCX Gold petal vs NSEL E-gold

i dont like petal , since it is futures.
so it cant be called as investment.

u hav 2 options for investment
1. if u have a bulk amount to invest, u can go for e gold.
u hav to buy minimum 8 gm at a time.
another advantage is, u can convert it to physical gold ( subject to certain conditions and some conversion charges) once u accumulate several gms.

2. if u wnt to do some kind of SIP , u can buy even a gm or half of gold etf using gold bees and qgold half .
Even MCX gold petal has the option of physical delivery on accumulation of 8gms.

For e-gold you have to pay full amount to buy a lot. But MCX petal needs only 4% initial margin.

Still ....:confused:
 

SaravananKS

Well-Known Member
#10
True .................

people who buy petal switch to next mnth on a day when fall comes more and premium reduces:thumb::thumb:
Hi,
For a Trader it is easy to watch when premium fall then switching to another if he trades in some thing like gold M.

for One Gram Petal if he does it simply waste of time!!!:rofl:

For an Investor E-Gold is better if he treats as a savings
 

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