BSEIndia: All Stock Market News: Re: [sharetrading] Re: rate difference in gold ETF

Tuesday, November 17, 2009

Re: [sharetrading] Re: rate difference in gold ETF

I have been observing the liquidity of the gold ETFs on the NSE, I understand that GOLDBEES are the most liquid.

As I did understand from this thread it does not make difference in any ETF you invest, it would be prudent to go in for the one which is the most liquid - please correct me if i am wrong

regards

ekamber

----- Original Message -----

From: Deep

To: sharetrading@yahoogroups.com

Sent: Wednesday, November 18, 2009 11:10 AM

Subject: Re: [sharetrading] Re: rate difference in gold ETF

so can we conclude that we should take utigold and ktkgold rather than relgold

From: HS Ratti <ratti2@gmail.com>
To: sharetrading@yahoogroups.com
Sent: Tue, 17 November, 2009 6:27:38 PM
Subject: RE: [sharetrading] Re: rate difference in gold ETF

I have beeninvesting gold etf in last one year.. relgold, utigold and
ktakgold

I find there is a basic price difference between these and also the gold
price in the market(about 5 % less).. the difference in price of etf is due
to the total amount of actual gold held by that ETF,.. that is kotakgold is
hold more qty (90%) of gold as compared to a lower priced Relgold etf( which
may be holding less gold and / or more cash. This is reflected in lower
price of relgold etf.

While the actual price of gold in market is higher.. probably again bcos the
etf maynot be 100% invested in gold .. I presume

-----Original Message-----
From: sharetrading@ yahoogroups. com [mailto:sharetrading@ yahoogroups. com] On
Behalf Of deepvihar2001
Sent: Tuesday, November 17, 2009 3:34 PM
To: sharetrading@ yahoogroups. com
Subject: [sharetrading] Re: rate difference in gold ETF

Hi Ekam
You are perfectly right
Pradip

--- In sharetrading@ yahoogroups. com, "ekam ber" <ekamber@... > wrote:
>
> pradip ji
>
> Hence it makes little difference as to in which gold ETF, one invests.
>
> Please correct me if I am wrong
>
> regards
> ekamber
>
>
>
> ----- Original Message -----
> From: deepvihar2001
> To: sharetrading@ yahoogroups. com
> Sent: Tuesday, November 17, 2009 3:09 PM
> Subject: [sharetrading] Re: rate difference in gold ETF
>
>
>
> Rate difference in different ETF`s arises mainly due to difference in
cash levels of each ETF
>
> Actual rate of Gold is different all over India and changes many times
in a day
> Which one are you comparing ?
> ETF rates are calculated only once in a day , so cannot change
dynamically
> Pradip
>
> --- In sharetrading@ yahoogroups. com, Deep <deepdeepra@ > wrote:
> >
> > any budy who trading in Gold ETF pl. explain me why there is rate
difference in GOLD SHAIR, KOTAKGOLD , RELGOLD and actual rate of GOLD
> >
> >
> >
> > The INTERNET now has a personality. YOURS! See your Yahoo! Homepage.
http://in.yahoo. com/
> >
>

------------ --------- --------- ------

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