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Know more about Gold
Know more about Gold Gold is a precious yellow metal. The chemical symbol of Gold is ‘Au’ which is the short form of Latin word “Aurum” which means ‘Glowing Dawn”. Its weight is usually expressed internationally in Troy Ounce (Oz) and the currency is denoted as “XAU”. The standard weight in which gold is quoted in the international markets is Troy Ounce weighing 31.1035 gms and must have a minimum purity /fineness of 995. The purity of gold is generally described in th...
Should an Investor buy Silver or Gold? – Silver a good investment option
Should an Investor buy Silver or Gold? – Silver a good investment option (Aug 2011) It is very important for an investor to first understand the economy and the financial systems prevalent in the market before he decides what to invest in any financial instruments or commodities. Investment demand for Silver for industrial use and jeweler making is rising in India and China. Silver prices have more than doubled in the last few months. China and India are the largest silver marketplaces globally. While unprecedente...
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