Category: Placement and investment for the Investors (except gold)
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London Gold Fixing / LBMA Gold Price.
Reading Time: 8 minutes The London Gold Fixing, also known as Gold Fix, is the process of determining the price of gold through a dedicated conference line. In the past, this activity occurred at the London premises of Nathan Mayer Rothschild & Sons and was facilitated by the members of The London Gold Market Fixing…
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Where to buy gold in India.
Reading Time: 22 minutes India leads the world in gold consumption, with demand increasing by an average of 13% annually over the past decade, while real GDP, inflation, and population growth rates were around 6%, 8%, and 12% respectively. The World Gold Council (WGC) reports that Indians possess over 18,000 tonnes of gold, accounting for…
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☆ Role of gold in your portfolio.
Reading Time: 8 minutes Investing in gold offers various avenues. Investors can acquire gold bullion, comprising physical gold in the form of coins or bars, or opt for paper-based gold assets such as gold stocks, mutual funds, exchange-traded funds (ETFs), futures, or derivatives. Physical gold investments grant direct ownership and control over the precious metal,…
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☆ How to invest and buy gold in UK: A beginner’s 2024 guide.
Reading Time: 22 minutes If you’re aiming for quick buying and selling turnovers, physical gold might not be your best bet. Dealers, where I’d recommend new stackers to purchase from, usually slap on premiums starting at around 5%. Essentially, you’re looking at paying a 5% markup above the current market price of gold. When it…
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GoldMoney review, no personal experience.
Reading Time: 3 minutes Many hold a core position in physical bullion bars and coins, and would use a Goldmoney account as an additional level of precious metals exposure, not as a subsitute for Krugerrands and Gold Sovereigns etc stored close at hand. As veteran gold trader Jim Sinclair once wisely said, if you don’t hold it, you don’t…
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Bretton woods system explained.
Reading Time: 11 minutes The Bretton Woods system, established in 1944 at a conference in New Hampshire, aimed to foster international economic stability post-World War II. Key components included pegging the U.S. dollar to gold at $35 per ounce, with other currencies pegged to the dollar; creation of the IMF to monitor exchange rates and…