GOLD IN THE COMMODITY MARKET OF INDIA

GOLD IN THE COMMODITY MARKET OF INDIA

PROJECT REPORT

Submitted in partial fulfilment of requirement of PGDM

Jims kalkaji

Submitted by:-
VENKATESH KUMAR
(PGDM- A)
BATCH -2010-12

Submitted To: Submitted To:

MRS.TANVI GUPTA MR.SACHIN JAIN
(Internal Guide) (External guide)
 TO WHOMSOEVER IT MAY CONCERN

This is to certify that Venkatesh Kumar. Student of PGDM has completed his
project on- “GOLD IN THE COMMODITY MARKET OF INDIA.”

His work is up to my satisfaction and worth appreciation.

I wish his all the best for future endeavours.

Ms.Tanvi Gupta
(Internal Mentor)
 ACKNOWLEDGEMENT

The feeling of esteem and euphoria on the completion of this project will be
worthless without thanking for the immense help and guidance received from Mr.
Sachin jain ,(external mentor ).
I am grateful to Mr. Sachin jain , who spent some of his valuable time with me to
give the relevant guidance for my project.
I am indeed thankful to my internal mentors Ms. Tanvi gupta for her unending
support right from the inception of this work.
Finally, I wish to express my gratitude to all those who have contribution to this
project, even though anonymously.

(Venkatesh Kumar)
 TABLE OF CONTENT

INTRODUCTION TO NIRMAL BANG COMMODITIES 1

LIMITED
COMMODITY MARKET OVERVIEW 3
COMMODITY MARKET IN INDIA 7
THE NCEDX SYSTEM 21

BULLION 23

GOLD -INTRODUCTION 25
USES AND APPLICATION OF GOLD 33
INDIAN GOLD MARKET 40
MAJOR GOLD PRODUCING COUNTRIES 41

MAIN FEATURES OF ASIAN COUNTRIES 42

FACTOR INFLUENCING THE GOLD PRICE 46

INVESTMENT STRATEGIES 50

MARKET CHARACTERSTICS 54

GOLD MARKET LENDING 56

EFFECT OF GOLD 59

GOLD MARKET DEVELOPMENT 63

STRATEGIC PROJECT 63

GOLD MARKET FUTURES AND THE GOLD FUTURE 67

TRADING PRICE
KEY RULES FOR SUCCESFUL TRADING 68
BEGINNERS GUIDE TO COMMODITIES FUTURES 70

QUESTION ASKED BY AN INVESTOR WHILE HAVING 71

TRADING:-

CONCLUSION 76
RECOMMENDATION 77
BIBILOGRAPHY 78
BIBILOGRAPHY 87