Gold is global asset and prices should be uniform across the world.So base price in United States is considered and depending upon currency value of respective country,prices of Gold and silver are decided. Basic gold prices are in terms of troy-ounce and get converted into grams.Then after using Dollar-rupee conversion factor and adding import duty…
Investing Psychology And Behavior:
Its really tough to write about psycology and behaviour but any saving and investment related blog is incomplete without post of behaviour of traders and investors. There is one ancient tale.God decide to test psycology of human being [I think he may want to test that whether source code installed within human being is properly…
Units System Used For Different Commodities:
Base Metals: Base metals are measured in terms of Kg and Metric Ton or simply Ton.Many of us may be confused but Ton and Metric-Ton both are same. Exchanges in India like MCX,ICEX uses Kg as a base unit while American exchanges like COMEX have pounds as a basic unit. Crude Oil: Barrel [BBL] is a…