Kashmir Observer

Gold, Silver, and Copper

- Irshad Mushtaq — Author is NISM qualified, Mutual Fund advisor and distributo­r having experience of 18 years in financial market.

Gold, silver, and copper are three of the most valuable and desirable metals in the world. These metals have been used for centuries as a means of exchange and as a store of value. In recent years, the trading of these metals has become increasing­ly popular, with the introducti­on of various financial instrument­s such as margin trading, futures and options (FNO), and commodity trading.

The Multi Commodity Exchange (MCX) is the leading commodity trading exchange in India, where traders can buy and sell a variety of commoditie­s, including gold, silver, and copper. Margin trading allows traders to trade commoditie­s with borrowed money, amplifying their potential profits but also increasing their potential losses. FNO trading allows traders to hedge their positions and take speculativ­e positions in the commoditie­s markets.

In commodity trading, the lot size refers to the standardiz­ed quantity in which a particular commodity is traded. For example, one lot of gold on the MCX may be 1 kg, while one lot of silver may be 30 kg. The lot size is important because it determines the minimum quantity of the commodity that can be traded and the margin required.

MCX also offers a mini version of gold, silver, and copper contracts, which have lower lot sizes compared to their regular counterpar­ts. This allows smaller investors to participat­e in commodity trading with lower capital requiremen­ts.

Expiry refers to the date on which the contract for a particular commodity expires. After the expiry date, the contract is settled, and the trader must either take or make delivery of the underlying commodity or close out their position. It is important for traders to be aware of the expiry date of their contracts to avoid any unnecessar­y complicati­ons.

In conclusion, gold, silver, and copper are valuable commoditie­s that can be traded on the MCX using margin trading, FNO, and other financial instrument­s. The lot size and expiry dates are important factors to consider when trading commoditie­s on the MCX. These commoditie­s offer significan­t potential for profits but also carry a high level of risk, making it essential for traders to have a thorough understand­ing of the market and the various trading instrument­s available.

SHIEK UL ALAM AIRPORT: 0194230331­1

RAILWAYS

 ?? ?? •
•
•
•
TRAFFIC POLICE : 9419993745, 01998-266686 PCR: 0194-2452092,2455883
PDD: 0194-2450213
FIRE AND EMERGENCY SERVICES : 2479488,2452222,2452155
CAPD: 1800180701­1
SMC HEALTH OFFICER: 9469409081
Ambulance: Kashmer EMS Service: +91 94841 00200
• • • • TRAFFIC POLICE : 9419993745, 01998-266686 PCR: 0194-2452092,2455883 PDD: 0194-2450213 FIRE AND EMERGENCY SERVICES : 2479488,2452222,2452155 CAPD: 1800180701­1 SMC HEALTH OFFICER: 9469409081 Ambulance: Kashmer EMS Service: +91 94841 00200
 ?? ??

Newspapers in English

Newspapers from India