Today,Multi-commodity exchange of India launched much awaited mini contract of 250 Kg in copper futures.Earlier it was available in trading lot of 1000 Kg only. Specifications of Copper Mini Lots are as follows: Trading start date:20th Dec.2011. Contracts launched:Contracts launched of months ending february,April & June 2012. Quotation / Base value: 1 Kg. Trading lot:…
Measures Of Gold Purity:
Gold purity is the most important and relevant parameter for Gold jewellary.Purity is described in the units of carat or Karat. karat purity is measured as : Karat purity= 24 x (Mass of Pure Gold/The total mass of material) Therefore for 24-karat gold purity comes to be 99.99%. For 22-karat gold purity comes to be 0.9166…
Nickel Futures At MCX India:
Nickel is known for its in different or unique trends from other base metals and highest volatility.Its mostly used in steel industry so trend is always set by demand-supply scenarios across steel industry.It is also used as alloying material with other metals like zinc as well for electroplating. Brief History of Nickel: 1.Nickel was discoved…