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What is Gold BEES:
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Thursday, 10 May 2007

What is Gold BEES: It is as good as GOLD of 25 c. The BEES are tradeable on NSE through your broker at your prevailing Brokerage rates. The proceeds go directly to your Demat A/c. just like Share trading.

1 Unit of Gold BEES = 1 Gram of 25 c Gold.

This is to suggest investors that this MAY be a good time for those who have WEDDING's in their Family in the near term, a few months or so. They can BUY Gold BEES @Rs.915/- for 25 c Gold per Gram
from NSE trades.

Though, the Gold Ornaments that we get in Bazaar (your local gold dealer) are of 22 c Gold; you can Book your Gold at this rates (25 c)from NSE at current prices from Gold BEES & SELL them over here itslef (on NSE); when you actually wish to BUY Ornaments at the times of wedding in your family & buy from Bazaar your ornaments later on. That ensures that atleast your Gold is booked at current prices.

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P.N.: There is a difference in rates of 22c & 25c Gold by some Rs.30 to Rs.40 per gram.

YES... This is the RIGHT price to invest in GOLD for concerned people (Wedding). Also, Gold prices does not fluctuate as sharply as Equity prices do. So... Not much risk after investing from here.

Infact, Gold prices rise in the times of UNCERTAINITY world over. Gold prices are always firm during WAR times. Though, it is difficult for GOLD to beat Equity returns over Long-term.
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