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The gold contract comes in a few variants – Big Gold, Gold Mini, Gold Guinea, and Gold Petal. Big Gold is the most popular contract, but requires a margin over Rs.1,25,000/-. The P&L per tick for the big Gold is Rs.100.
- 1 kilogram
- 1 rupee
- Rs. 100
Internationally, the price of Gold is fixed in London daily, twice a day in two different sessions. The morning session at 10:30 AM is referred to as ‘AM Fix’ and the evening session at 3:00 PM is called the ‘PM Fix’. The prices are fixed by the gold dealers from London’s biggest bullion desk.
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Jun 6, 2024 · Everything you need to know about gold carats. See exactly what the differences between 24K, 22K, 18K, 14K, 12K gold are and which is best.
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Varsity is an extensive and in-depth collection of stock market and financial lessons created by Karthik Rangappa at Zerodha. It is openly accessible to everyone and is one of the largest financial education resources on the web.
3 days ago · Commodity Derivatives. Products. Product - Gold. Capital Market Derivatives Fixed Income & Debt Emerge Platform Public Issues. Gold. Traditionally, Gold has been used as money and also served as a relative standard for currency equivalents specific to economic regions or countries, until recent times.
You may have previously thought that gold is gold, but actually, gold varies in purity. This article will explore both the gold purity chart and the gold karat scale and explain how to understand the difference between 9K, 10K, 14K, 18K, 22K, and 24K gold.
