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…

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…

Few Reasons To Buy Gold:

Many people are in dilemma whether he should buy gold or not?Prices are at much higher level,could I get chance to enter at lower levels?In which form should I buy it,whether physical or demat form? I have kept my own opinions here and of course,need not to be true. 1.Cover Timing and price rise Risk: What…

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