Scribd Logo
Upload

Welcome to Scribd!

  • Golden Investments

    Uploaded by

    RAJAN
    22 views1 page
    The document compares the costs associated with buying and selling gold through different avenues: jewelry, bank coins, and MCX gold. It shows that while the buying price is the same for all options at Rs. 12,000 per 10 grams, jewelry has the highest total buying price due to making and wastage charges. MCX gold has the lowest total buying and highest total selling price, resulting in the highest net profit of Rs. 4,420. Bank coins result in a small net loss of Rs. 50.

    Original Description:

    Compare the GOLD Investments in different forms - Jewelry, Bank Coins, MCX GOLD futures

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLS, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document compares the costs associated with buying and selling gold through different avenues: jewelry, bank coins, and MCX gold. It shows that while the buying price is the same for all options at Rs. 12,000 per 10 grams, jewelry has the highest total buying price due to making and wastage charges. MCX gold has the lowest total buying and highest total selling price, resulting in the highest net profit of Rs. 4,420. Bank coins result in a small net loss of Rs. 50.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    22 views1 page

    Golden Investments

    Uploaded by

    RAJAN
    The document compares the costs associated with buying and selling gold through different avenues: jewelry, bank coins, and MCX gold. It shows that while the buying price is the same for all options at Rs. 12,000 per 10 grams, jewelry has the highest total buying price due to making and wastage charges. MCX gold has the lowest total buying and highest total selling price, resulting in the highest net profit of Rs. 4,420. Bank coins result in a small net loss of Rs. 50.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLS, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xls, pdf, or txt
    of 1

    GOLD - Comparative Analysis

    Particular Jewellery Bank Coins MCX Gold

    Buying at Rs.12000 per 10 grms 12000 12000 12000

    Making Charges / KDM Charges 3600 NIL NIL


    and wastage charges – 15% to 30%

    Bank Charges 150 - 250 per gram NIL 2500 NIL

    Brokerage & Delivery charges NIL NIL 240

    Total Buying Price 15600 14500 12240

    Selling at Rs.17000 per 10 grms 17000 17000 17000

    Wastage 5- 15 % on selling 2550 2550 NIL

    Brokerage & Delivery charges * NIL NIL 340

    Total Selling Price 14450 14450 16660

    Net Profit -1150 -50 4420

    *Details of Brokerage & Delivery charges


    Delivery Brokerage – 0.50 %
    Service tax @10.3% on Delivery Brokerage
    Stamp Duty @ 0.01%
    Agent Commisiion @ 0.20%
    Demat Remat charges for taking delivery
    TOTAL = 2 % on Buying/Selling Price

    You might also like