Now a days silver is moving in a very volatile manner. In last couple of months, silver has shown almost 30% rise. In comex as well as Mcx market. This rise in price is assumed that during the year 2011, the industrial growth is suppossed to increase by a very big number. also these days silver wires are manufactures which is causing a large amount of consumption in silver..
Saturday, December 11, 2010
Sunday, January 18, 2009
India's Forex Reserve Pushed up by Gold
The Indian Forex Reserve has been pushed up by nearly $600 million at the very firt week ending of the new year. This increase is due to increase in the value of gold assets reserved by the Reserve Bank Of India. According to Reserve Bank of India, the increase in reserve is nearly 26000 crore in Indian Rupee. The foreign asset reserve moved up about 5 million and similarly the gold aset also increase upto some extent. In the mid of year 2008 there is a slight decline in the forex rate. There has been a big decline in the rates which affected the Forex reserve and it decreased by nearly $25 billion.
Tuesday, January 6, 2009
What Qualities You Find In Forex Broker.
Whenever you choose a Forex Trader the always think about two things about him. Firstly his experience and finally his reputation in market. Always collect all important informations about his company through group chats or online forums. After all you are going to deposit your money with him. As you know dur to huge differentiated nature of forex market brokers suffer a lots of problem especially from US brokers. As you have to choose brokers from your own country. As it would be easy to conversate and also his mother currency us same as its yours. He should be quick and steady as this market is very volatile. He should know value of money as all the money with him is not his own but of customers. So always be careful while selection of Forex Trader.
Should You Use Forex Brokers

The FORex Market is not a place where its necessary to have a trader. In Forex market even your one minutes notices can lead a huge loss just in some minutes. But if ur inexperienced person then no doubt you have to hire a broker to trade. It is very necessary to have patience in such a pressurised market where it moves in both direction with very fast speed. The only work of broker is not only to judge the free fall movement of the market but also to mentain his scalp free and fast to take decisions fast. The biggest enemies of a forex trader is fearness. So every Forex trader should be fearless to suffer losses. As untill anyone cant suffer losses, He can never earn profit. Its very important point to notice before entering into Forex trade is that, weather you are experienced in trading shares and commodities, you should first confirm that wheather you consider Forex for you. Every trader is not suitable for forex trade and also after entering into forex trade , when you'll come to know that you are not suitable you may have sufferred a huge loss upto that time. If you do not understand Forex market then its better not to enter in it and if you have any doubt regarding experience investment ar anything else you must surely consult a Forex Trader.
Saturday, December 6, 2008
Finally breaks on decline of forex since last 9 months
The foreign exchange reserve of India finally rose up by 2 billion and reached to 248 billion at the end of this week. Finally breaks to continuous fall since last 9 months. This reverse trend may be due to revaluation of non dollar assets of the country. The news that can bring smile to the monetary policies managers is that the growth in money supply has been reduced to 185 in last 2 months. Reserve bank has also supposed to target cash low up to 17% for the financial year 2009. By the data of RBI, It is clear that total foreign exchange reserve rose up to $2 billion at the end of this week. The value of gold also fall down a lot. So this revaluation of non dollar assets has a great impact for this break and also the terrorist attack in Mumbai also shows its importance on the FOREX rates.
Tuesday, October 14, 2008
Forex Trade
Forex trade is very intresting and profitable also. But as usuall it also contains risk factors. It is very important to note down the implication of margin trading and also to understand the downfall of the offers given by forex trading. Here i'm going to explain the strategies of forex trade and will also give you its introduction. Trading in foreign exchange provides future and derivatives. The trading is done in between currencies of any of two nations with each others comparison. Its very important to note down the base structure of the currency in which you are trading. If you trade foe indan currency the you must know that how much amount is bonded with the currency in comparison with other. And also how much depts are there, whats the rate of exchange for rupee survives with respect to other currencies etc. Trading terms are like depending on the single person's transactions and are generally very much low in comparison to bankers and brokers. The margin can be bank securities or property or even your balance sheet. Minimum balance which has to be deposited depends upon the type of account.
Friday, September 19, 2008
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