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 Nepal Derivative Exchange Ltd
7th Floor Corporate Tower, Gairigaun Kathmandu
Tel No: +977-01-4466488/4466477/
4466544
Email: info@ndex.com.np |
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| Gold |
Home » Gold |
History
Actually the history of gold in the derivative market had been turned since the twentieth century when it was pegged to currencies as a standard of foreign exchange dealing. Traders have been always fascinated by the gold since it is the symbol for purity, value, royalty, wealth and prestige.
Characteristics
- It is a precious yellow metallic element that is resistant to oxidation and is highly ductile and malleable
- It has developed widespread commercial use as a coating on electrical connectors such as audio and video cables to computer and component cables and connectors
- It is considered as a safe haven and asset diversifier in derivative market
Uses
- It has a long and fascinating history of use indiverse range of industries and applications
- It provides outstanding performance due to its unique technical properties
- It is a material of choice in medicine and dentistry as it is biocompatible
- In recent years,world demand for gold has been rises for jewellery, investment, central bank reserves and technologies
Exporter and Importer
Major players in worldwide gold mining include China, South Africa, the United States, Australia, the Russian Federation and Peru. However; it is assumed that the top gold producer is the top consumer too.
Influencing Factors
The physical supply and demand for gold, movements in foreign exchange rates, inflation, interest rates and political turmoil. The effects of all these factors are somewhat complex and variable. But the important point to remember is simply that they cause the price of gold to move independently of the prices of financial assets. Besides, fundamental factors performance of the strong currencies also plays a crucial role in the movement of gold price as well
Why trade gold through NDEX:
Contract size: Regular, Mini, Small and Exposure/Intra-day, Spot
Low transaction cost: Fixed spread of NPR 7.00 per 10 Grams
Generous leverage: On all products that are clearly detailed on the trade.
Initial margin: Rs.75000 (Regular)
Hedging capability: Can take long or short position from same account
Months: Feb, April, June, August, Oct and Dec.
Seasons: August to Oct
Trading time:
| Daily Open Time | 3:45:00 AM | | Daily Close Time | 2:59:59 AM |
Conclusion
Gold's historical significance and electrical conductivity ensures that it will be in demand for a long time to come. As an investment, gold has cyclically come into and out of favor, and has experienced some of the most extreme pricing of any of the commodity markets. Whether gold will continue to be considered a viable inflationary hedge remains to be seen, but the simple fact that it is a rare and beautiful metal will always keep it in the news.
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977-01-4466477 
