Gold trading

raj_hpking

Well-Known Member
#1
Hi,

I am very new to commodity trading, not even started trading in it. I am thinking to learn commodity trading specially gold. After reading about commodity trading, I have below query,

  • Do I have to trade only in Futures, for example Gold Future?
  • Can't I buy only gold without any expiry?
  • Trading in Gold futures seems risky, as need to maintain high margin.

Please help with above query. And it would be really good if you can provide any link to understand commodity trading.
 

P136

New Member
#2
Commodity trading is a segment where high risk and high earnings are involved.
To bring to your kind notice in the commodity segment you can only trade in gold futures and you cannot buy gold without expiry. It has compulsory delivery. There is new product gold global, which can be bought without delivery.
And I will look for a link and get back as soon as possible.
 

ashu1234

Well-Known Member
#3
1. Yes you have to trade in Futures, every scrip in commodities is Futures only.
2. No you can't.
3. Risky- Yes/No depends on your judgement and experience. High Margin - No, you can trade Gold contract with only 5% margin as of now, it sometime increases due to heavy movement and can go up to 15% if exchange enforces, but mostly its around 5-6%.

Gold contracts are not compulsory delivery, its optional to take delivery or not. Our exchange gives delivery option only for gold and silver other commodities are settled in cash.

Link: www.mcxindia.com browse through it, all product info it there.
Commodity section is also a good source where everything is already discussed, try browsing first two pages, it will be enough.
 
#4
I've traded gold only on binary options, cause after a working day I have quite a little time for trading. If you've never dealt with that, my first info that I've found on binary options trading was 24option review. That's where i started.
 

Rish

Well-Known Member
#5
I've traded gold only on binary options, cause after a working day I have quite a little time for trading. If you've never dealt with that, my first info that I've found on binary options trading was 24option review. That's where i started.
Caution. Just avoid opening a/c like this. Dangerous to your wealth.

When we have lot of opportunity in India, why, venture into not legalized methods. Just avoid.
 

Tejas Khoday

Co-Founder & CEO, FYERS
#9
Hi,

I am very new to commodity trading, not even started trading in it. I am thinking to learn commodity trading specially gold. After reading about commodity trading, I have below query,

  • Do I have to trade only in Futures, for example Gold Future?

  • Can't I buy only gold without any expiry?

  • Trading in Gold futures seems risky, as need to maintain high margin.

Please help with above query. And it would be really good if you can provide any link to understand commodity trading.
Hey @raj_hpking,

1. No, you can trade in gold options, Gold ETFs and physical gold too (Offline through a dealer. However it is more expensive).

2. Yeah, you can buy Gold ETFs (Equivalent to physical gold) or physical gold from a bullion dealer.

3. You can trade in the smaller gold contracts if you are concerned about high margins such as:
A. GOLDPETAL - (1 gram)
B. GOLDGUINEA - (8 grams)
C. GOLDM - (100 grams)
D. GOLD - (1 Kg)

The margin requirements are mentioned in our MCX Margin calculator. You can get higher leverage if you use Cover orders.

Disclaimer: I have mentioned links from our website as it is relevant to your question. I encourage readers to make their own informed decisions.
 
#10
It seems to me that gold will soon rise in price well. Stochastic dropped to 20, which means there is a potential for upward movement. Ishimoku lines are moving almost in trend. Kijun will soon be above the cloud, and Ichimoku will show an uptrend.

Weekly
 

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