INVESTMENT IN GOLD

Gold is denoted as ‘Au’ in chemistry as its Latin name of ‘Aurum’. And it is denoted by ‘XAU’, which is ISO standard code for 31.1034768 gram (troy ounce – oz t) of gold.

Gold is being traded on the basis of intraday spot prices. Futures and options (derivatives) can as well be traded in relevant exchanges worldwide. Gold ETFs ... Read More ...