The gold market in Dubai is world famous and almost all travelers have heard of him or hear about the time he or she lands there. The city really deserves the "Golden City", the nickname, because none of the gold markets in the world that meet the gold market in Dubai - not to open because of their beauty or wealth of jewelry in the display.
The Dubai Gold Souk is located in a narrow street in the old town of Deira, a place that every tourist should be able to find easily.
If you still have doubts, as you will always ask your hotel front desk to guide you. His first visit to this market increasingly surreal, like we all could have imagined.
As Westerners who are more or less accustomed to air conditioning, closed shops, so if it was your experience with the races in the past, then you're in for a surprise.
The gold souk is more or less an open-air market comprised of over 300 jewelry stores. This ensures that you plan your visit to this market accordingly. It would take a long time for a window shopping through them all. The jewelry on display typically includes custom bracelets, amulets, charms, necklaces, pendants and bracelets, even bizarre.
But it is also where you buy physical gold as well, but make sure that, like any other market in the world are traders out of the shadows, again (but not too much in my experience). There have been cases of artificial gold ask customers such as The Real McCoy, so make sure that when you buy your items, consider the mark, a circle, an "H".
The best time to visit the markets can, at the end of the afternoon when the sun would not be so harsh on the skin. If you live in one of the hotels on the beach, is pleased to note that these hotels offer their customers free bus ride to the markets in Deira, these visits are usually held in the afternoon. You would be able to buy here, even after sunset, since most of these stores are open until 22 hours, since most tourists are heading these stores, just after sunset.
The most important (and more) the appeal of the gold market in Dubai is with any other market, the low price. Markets in other regions like Europe, is the price by almost 60%! It crazzzzyy! Now it is something that we can be proud of our friends and family around the world.
When buying in the gold souk, try using cash instead of credit cards because they can negotiate better. Cash is king and his bargaining power with the seller. I'm sure you all an exciting time to take the gold souks of Dubai. Make sure the pocket of one ton of gold at a very low price!
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Wednesday, August 24, 2011
How Does the Gold Futures Market Work?
There are basically two markets for gold and silver bullion. Assume for the purposes of this discussion assumes that the functions of the money market in a manner quite similar to an analogy of the gold market. Let's dive into the differences between silver and gold market in a later article.
The two main markets, which determine the price of gold spot market and futures market. The spot market is the market where the gold for immediate delivery operations. Happens in spite of its name, and not all transactions in the cash market has a physical exchange of goods, but who has access to the spot market, should be able to take delivery of gold on request.
The gold market is the futures market or on a date in the future. Trading in gold futures on the COMEX (Commodities Exchange) in New York, now part of CME Group (Chicago Mercantile Exchange). The gold futures contract is used by institutions and speculators. A futures contract is to provide a standard agreement or receive a certain quantity of gold at a certain point in the future. COMEX gold futures contract specifies delivery of 100,995 ounces of gold. The notional value of contracts at a current price of an ounce of gold is $ 139,000.00 USD 1390/Troy. (An imperial ounce = 28.35 grams = one troy ounce of 31.10 grams traditional)
Early November 2010, CME launched a new gold futures contract, e-microphone. E-Micro is the same as traditional futures contracts in gold, except that it trades a fictitious 10 ounces troy. If you and the delivery of this contract, 10 oz gold changes hands. E-Micro as a fraction of the traditional gold futures contracts can be viewed as e-10 microns corresponds to a traditional contract.
The contract allows a trader takes a position that has a higher gold prices or a decline in prices. Futures contracts are designed to be uniform and may be long or short. If you are long, so the purchase of gold, with production and profits when the price rises. If you sell a contract in gold and "short" when actually sell them gold. If the price falls, then you can again buy gold for less than they paid. It is "buy low, sell high", but in the opposite direction.
Futures markets. The participants try to anticipate the price of gold at the end of the contract and will invest accordingly. The futures price of a product is on the price expectations and interest rates. The interest rates because the opportunity cost of investing the money in a future contact. Money is not an income interest in a bank account so that the opportunity cost is a factor in the price of gold futures market. Because interest rates are low and only a fraction of the cost factor for our purposes we can ignore the impact of interest rates.
Although futures contracts, physical delivery of 100 troy ounce of gold, most contracts are closed prematurely write the presentation and not the gold standard is to change physically. Even among the largest consumers of gold traders and investors who traded most gold by electronic transfer, during the capability behind several layers of security at major banks, institutions and is also put on the roof protected. If you take delivery of a contract in gold, a gold medal reality is controlled by a repair depot.
The two main markets, which determine the price of gold spot market and futures market. The spot market is the market where the gold for immediate delivery operations. Happens in spite of its name, and not all transactions in the cash market has a physical exchange of goods, but who has access to the spot market, should be able to take delivery of gold on request.
The gold market is the futures market or on a date in the future. Trading in gold futures on the COMEX (Commodities Exchange) in New York, now part of CME Group (Chicago Mercantile Exchange). The gold futures contract is used by institutions and speculators. A futures contract is to provide a standard agreement or receive a certain quantity of gold at a certain point in the future. COMEX gold futures contract specifies delivery of 100,995 ounces of gold. The notional value of contracts at a current price of an ounce of gold is $ 139,000.00 USD 1390/Troy. (An imperial ounce = 28.35 grams = one troy ounce of 31.10 grams traditional)
Early November 2010, CME launched a new gold futures contract, e-microphone. E-Micro is the same as traditional futures contracts in gold, except that it trades a fictitious 10 ounces troy. If you and the delivery of this contract, 10 oz gold changes hands. E-Micro as a fraction of the traditional gold futures contracts can be viewed as e-10 microns corresponds to a traditional contract.
The contract allows a trader takes a position that has a higher gold prices or a decline in prices. Futures contracts are designed to be uniform and may be long or short. If you are long, so the purchase of gold, with production and profits when the price rises. If you sell a contract in gold and "short" when actually sell them gold. If the price falls, then you can again buy gold for less than they paid. It is "buy low, sell high", but in the opposite direction.
Futures markets. The participants try to anticipate the price of gold at the end of the contract and will invest accordingly. The futures price of a product is on the price expectations and interest rates. The interest rates because the opportunity cost of investing the money in a future contact. Money is not an income interest in a bank account so that the opportunity cost is a factor in the price of gold futures market. Because interest rates are low and only a fraction of the cost factor for our purposes we can ignore the impact of interest rates.
Although futures contracts, physical delivery of 100 troy ounce of gold, most contracts are closed prematurely write the presentation and not the gold standard is to change physically. Even among the largest consumers of gold traders and investors who traded most gold by electronic transfer, during the capability behind several layers of security at major banks, institutions and is also put on the roof protected. If you take delivery of a contract in gold, a gold medal reality is controlled by a repair depot.
Understanding Gold Pricing and Gold Price Charts
materials used in the materials, or in this case occurs immediately at the time of surgery. The problem with this trade, it makes sense in the negotiation of gold because it is time to explore, extract and refine gold is taken. The manufacturer has to spend money to buy gold, and a consumer has no idea how much it may cost you the gold medal. So the idea of a contractual term is launched - in this case, the buyer and seller agree on a price determined at a fixed amount of time later, and function. The price of a futures contract is now, however, the transaction will be completed in the future. A more complex type of futures contract is a futures contract. A futures contract is so complex that it requires its own trade - it works like a handbag.
The rate of gold may be the speed with which the gold is currently trading, the spot price, the price of the futures contract or the price of futures contracts. An array of gold is a simple graph with time on the horizontal axis (bottom) and the price on the vertical axis (the right side of the figure). The price point is illustrated in the chart, and this is repeated for each hour of the day. A line joining points on the complete graph. The table can be a gold exchange system for days, hours, weeks, months, or any other time. With a table of gold, the operator may be able to identify trends that assist the factors influencing the price of gold and can help predict future prices of gold can be seen.
Another type of diagram is called a candlestick chart. A candlestick chart describes the price changes every day for a longer period, about a month. A single point on a candlestick chart files opening and closing of daily highs and lows every day. Tracing over a month, offers a candlestick chart has a wealth of information and price volatility.
The rate of gold is an important indicator of economic stability and graphical tools such as Gold dealers can help or get a better understanding of the gold market.
The rate of gold may be the speed with which the gold is currently trading, the spot price, the price of the futures contract or the price of futures contracts. An array of gold is a simple graph with time on the horizontal axis (bottom) and the price on the vertical axis (the right side of the figure). The price point is illustrated in the chart, and this is repeated for each hour of the day. A line joining points on the complete graph. The table can be a gold exchange system for days, hours, weeks, months, or any other time. With a table of gold, the operator may be able to identify trends that assist the factors influencing the price of gold and can help predict future prices of gold can be seen.
Another type of diagram is called a candlestick chart. A candlestick chart describes the price changes every day for a longer period, about a month. A single point on a candlestick chart files opening and closing of daily highs and lows every day. Tracing over a month, offers a candlestick chart has a wealth of information and price volatility.
The rate of gold is an important indicator of economic stability and graphical tools such as Gold dealers can help or get a better understanding of the gold market.
Tuesday, August 23, 2011
Saturday, August 20, 2011
Article about Gold
first is an element that are in and out of fashion over the course of human history in favor of platinum or white gold, yellow gold and is very popular in recent years. Despite this yellow gold still has its own interests, and is used by many famous jewelry designers.
Gold is and remains a popular and sought after items and gold trading has a turbulent and colorful history, the current change and evolution. The value of the gold price can vary greatly and depends on several factors, the quality and value of carats in its origin. This was particularly evident in 2009 when an Australian mining company Scotgold a mine in Scotland, appear to have purchased the expensive in the production of gold in the world. Can gold industry and gold mining has led to a price five times higher than the corresponding entry in the metal to come, is another mine.
But if you take care of luck, some of the "non-Scottish gold to us, you can always find a gem, jewelry, or simply a series of events, the money is sitting in the right place at the office drop box of jewelry.
When yellow gold is the preferred type of jewelry, why do then not know how their unwanted jewelry can be interesting, you never know, you could have enough money in the old warehouse, stored, antiques and gold to buy a new piece of jewelry for themselves. May in recent years have increased the price of gold scrap, after the worst January for 14 years for the price of gold, the focus was now the perfect time to spare, to remove all the unwanted elements, for example.
Gold price has not been to a number of providers in many online and offline are stuck, every time you get the best price for the items you are interested in selling. So if the only yellow gold, the choice of jewelry, why not sell unwanted items, jewelry, hundreds of kilos of unused and unloved, if you can not prove that you never know.
Want more information on the gold price? Postgoldforcash.com is a company founded in the family jewels to buy the team for more than 20 years of golden age.
Gold is and remains a popular and sought after items and gold trading has a turbulent and colorful history, the current change and evolution. The value of the gold price can vary greatly and depends on several factors, the quality and value of carats in its origin. This was particularly evident in 2009 when an Australian mining company Scotgold a mine in Scotland, appear to have purchased the expensive in the production of gold in the world. Can gold industry and gold mining has led to a price five times higher than the corresponding entry in the metal to come, is another mine.
But if you take care of luck, some of the "non-Scottish gold to us, you can always find a gem, jewelry, or simply a series of events, the money is sitting in the right place at the office drop box of jewelry.
When yellow gold is the preferred type of jewelry, why do then not know how their unwanted jewelry can be interesting, you never know, you could have enough money in the old warehouse, stored, antiques and gold to buy a new piece of jewelry for themselves. May in recent years have increased the price of gold scrap, after the worst January for 14 years for the price of gold, the focus was now the perfect time to spare, to remove all the unwanted elements, for example.
Gold price has not been to a number of providers in many online and offline are stuck, every time you get the best price for the items you are interested in selling. So if the only yellow gold, the choice of jewelry, why not sell unwanted items, jewelry, hundreds of kilos of unused and unloved, if you can not prove that you never know.
Want more information on the gold price? Postgoldforcash.com is a company founded in the family jewels to buy the team for more than 20 years of golden age.
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