Top Insider Trading Tips utilized By Your Gold Fund Manager
On an international level, gold is mostly traded over-the-counter, not through exchanges. This very is carried out by means of forward contracts, that are non-standardized agreements to trade gold in the future at a price agreed today, currently known as futures. London is the largest global centre for such transactions.
The forward business for gold is less driven by supply and demand than other commodity businesss. Instead, spot (immediate) costs and interest rate differentials run the market, like within the case of currency. Typically, the gold market is in contagno, which means thin the forward (contrthe fact is agreed) cost of gold is higher than the spot price(quoted for immediate payments and deliveries). This makes gold business attractive for ... [Read More - Best Penny Stock Newsletters]
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