Sensex

Tuesday, November 17, 2009

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

 

dear pradip ji
 
Thanks for your clarification. This is an aspect which I never tried to understand though the nagging me for a long while, when I originally intended to invest in gold ETF, as i did not understand, in clear terms the same, I refrained from putting any money into the same.
 
With clarity, I can venture in to invest whenever I can.
 
thanks for the same
 
regards
ekamber
 
 
 
----- Original Message -----
Sent: Tuesday, November 17, 2009 3:33 PM
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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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
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Posted by nsivaa at 2:41 AM

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