2006-08-04 17:53:18 · 2 answers · asked by david r 1 in Business & Finance ➔ Investing
Simplest way is through a stockbroker such as Geojit, Motilal Oswal, or India Infoline. Contact one of these that has a location convenient to you.
Best of success.
2006-08-05 18:46:50 · answer #1 · answered by Thinker 5 · 0⤊ 0⤋
I don't know exactly why you would care to trade with them..there are many more easy ways to do it:
From an trading perspective:
1. An excellent and easy way to trade gold is with the streettracks gold shares gld (GLD)---its an exchange traded fund that runs at 1/10 of the actuall spot price of gold. The beauty of this is that you can trade it just like a stock. by far one of the more simplier ways of trading Gold.
2. If you want to have physical holdings in gold...those can be purchased through bullion dealers, coin dealers (take a look at the new 2006 buffalo gold coins), and through internet sites.
3. A more slower way of getting gold is to go prospecting for it in creeks and streams...seems like a lot of trouble though.
From an investment perspective:
As of late, Gold has been shooting to the upside on fed rate hikes, middle east tension, and economic slow-down fears. Gold set a fresh top around 720-730 an ounce, and since then bottomed out the correction below 600, as low as 545 I believe i saw it. More and more anyalists have been setting price targets for gold to break historic records...and some citing 1,000 an ounce gold!!!! I don't think you could ever go wrong with gold. The price may fluctuate, but more and more...investors are putting a bit of the shiny stuff in their bottom line.
In the source list is a chart of the GLD
P.S. full disclaimer---i invest in the bullion coins issued annually by the united states government as a collector and a bullion investor.
2006-08-04 18:23:59 · answer #2 · answered by greenglow560 4 · 0⤊ 0⤋