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31 Oct 2011

world dimaond market

DIAMOND PRICE LIST
The Round & Fancy diamond price lists serve as a simple guideline as to suggested wholesale Diamond PRICES PER CARAT. Wholesale Diamond prices often fluctuate so check back regularly.
A recent Rapaport Group report found that Certified polished diamond prices had an overall price increase of 10.3% on RapNet - Rapaport Diamond Trading Network, with half carat diamond prices up 4.1%, one carat diamond prices up 12.3%. Three (3) carat diamonds saw a significant jump -- up 24.6%.

BUY LOOSE DIAMONDS
There are many variables that determine quality, value and prices of loose diamonds.

SELL LOOSE DIAMONDS
Selling loose diamonds can be a very lucrative business.

WHOLESALE DIAMONDS
The dealers of wholesale diamonds usually offer diamonds to customers at a competitive rate.

HOW TO BUY A DIAMOND?
Before you buy diamonds on the internet ask yourself these questions.

About DiamondRegistry.com

Originally an exclusive intranet for the wholesale diamond industry and loose diamond buyers, this Website has now been made accessible to the discerning public for loose diamond sales and to help educate the buyer as to current wholesale diamond prices. The Diamond Registry connects you instantly to hundreds of diamond suppliers — its own membership network of participating cutters and importers both in the United States and worldwide. The Diamond Registry assures that you get the best possible value from today's market with the use of intensive personal analysis, clear diamond prices, help with How to Buy a Diamond, and an exacting examination of gems from competing world sources. In its role as the link between the numerous manufacturers and traders in the diamond world, The Diamond Registry has become known as the "matchmaker" of the industry. Welcome to the most comprehensive Website for the Diamond Trade. Let us make your perfect match for your loose diamonds and diamond engagement rings.
CLICK HERE TO READ TESTIMONIALS FROM SATISFIED CUSTOMERS
The Diamond Registry is insider information at your fingertips. Our service streamlines worldwide diamond sales & supply so you can easily and quickly  purchase or sell every quality, size and shape of diamond to fit your needs... all while working with a reputable and reliable source. Originally an exclusive intranet for the wholesale diamond industry and loose diamond buyers, this Website has now been made accessible to the discerning public for loose diamond sales and to help track current wholesale diamond prices. The Diamond Registry connects you instantly to hundreds of diamond suppliers — its own membership network of participating cutters and importers both in the United States and worldwide. The Diamond Registry assures that you get the best possible value from today's market with the use of intensive personal analysis, clear diamond prices, help with How to Buy a, and an exacting examination of gems from competing world sources. In its role as the link between the numerous manufacturers and traders in the diamond world, The Diamond Registry has become known as the "matchmaker" of the industry. Welcome to the most comprehensive Website for the Diamond Trade. Let us make your perfect match  for your diamond engagement rings and loose diamonds. The Diamond Registry is the prime source for diamonds from the mines to the finished polished stones and unique diamond jewelry. The Diamond Registry serves as a repository and clearing house for $30 million worth of diamonds of every cut, color, clarity and size, from the "ideal Cut" to the most innovative. The Diamond Registry created and controls the earliest, most extensive worldwide database of diamonds available for both the purchase and sales of diamonds.

DIAMOND REGISTRY DIAMOND PRICE LIST

U.S. $ Per CaratI.F.VVS1VVS2VS1VS2SI1SI2
10 Carat - D 168,383121,358109,23092,81373,17845,95330,195
9 Carat - D150,401111,677100,56584,62964,31239,05825,702
8 Carat - D139,261103,40693,11678,36059,54936,16523,798
7 Carat - D128,94595,74786,21972,55655,13833,48722,036
6 Carat - D 119,39488,65579,83367,18151,05431,00720,404
5 Carat - D 110,55082,08873,92062,20547,27328,71018,893
4 Carat - D 78,95361,46356,18345,29335,55821,69815,098
3 Carat - D63,60845,95341,08531,84524,66815,59311,055
2 Carat - D 36,30029,28826,40020,54315,18011,1388,910
1 Carat - D 20,21314,85012,7889,9007,8386,0235,033
1/2 Carat - D 6,765 5,198 4,5383,6303,3832,8052,228

Click Here to See Complete Diamond Price List

diamond price list

ID Stock Shape
info
Weight
info
Color
info
Clarity
info
Prop
info
Polish
info
Sym
info
Fluor
info
Table
info
Measure
info
Cert
info
Suggested
price
29573303 Princess 1.39 E SI1
Very Good Very Good None 72% 6.11 x 6.00 x 4.51 GIA $9545
29573349 Princess 1.20 D SI1
Very Good Good None 75% 5.64 x 5.62 x 4.44 GIA $7672
29573369 Princess 1.24 H VS1
Very Good Very Good None 75% 5.91 x 5.79 x 4.33 GIA $6788
29573389 Emerald 1.01 G VS2
Good Very Good Faint Blue 71% 6.52 x 4.81 x 3.51 GIA $4141
29573418 Round 0.76 J SI2 Very Good Good Very Good Faint Blue 59% 5.88-5.92 x 3.58 GIA $2044
29573441 Round 1.20 J SI1 Good Excellent Very Good None 58% 6.65-6.70 x 4.24 GIA $6207
29573449 Round 1.20 D SI2 Very Good Very Good Very Good Faint Blue 59% 6.76-6.85 x 4.15 GIA $9754
29573453 Round 1.20 G SI2 Very Good Excellent Very Good None 56% 6.78-6.81 x 4.19 GIA $8493
29573746 Round 1.41 J SI1 Excellent Very Good Very Good None 57% 7.20-7.22 x 4.42 GIA $9255
29574571 Asscher 1.01 G VS2
Good Good None 55% 5.51 x 5.35 x 3.76 GIA $4278
29574600 Asscher 1.01 D SI1
Very Good Very Good Faint Blue 66% 5.59 x 5.41 x 3.72 GIA $4786
29574749 Princess 0.73 D VS2
Excellent Very Good None 73% 5.14 x 5.00 x 3.47 GIA $2940
29574765 Princess 0.72 D VS1
Very Good Very Good None 70% 4.94 x 4.89 x 3.66 GIA $2935
29574774 Princess 0.76 F VS1
Very Good Very Good Medium Blue 75% 5.32 x 5.19 x 3.58 GIA $2737
29574804 Princess 0.90 F VS2
Very Good Very Good None 66% 5.37 x 5.18 x 3.86 GIA $4470
29574805 Princess 0.90 D VS2
Very Good Very Good None 75% 5.56 x 5.46 x 3.71 GIA $4908
29937398 Princess 1.21 G VS2
Very Good Very Good None 71% 6.00 x 5.73 x 4.38 GIA $7502
29937408 Princess 0.73 F VS2
Very Good Very Good None 74% 4.94 x 4.94 x 3.66 GIA $2459
29937409 Round 1.00 F SI2 Very Good Very Good Good None 60% 6.32-6.36 x 3.95 GIA $6453
29937542 Round 1.01 F VS2 Good Very Good Very Good Strong 56% 6.19-6.22 x 4.05 GIA $7803

Diamond Engagement Rings

We have own our Jewellery manufacturing workshops and Master Jewelers in the UK, Australia the States and Hong Kong.
We can manufacture any Ring or Jewellery design you wish to the highest standard, our Master Jewellers are
second to none and do create true handmade pieces of fine jewellery many times higher quality than
you will traditionally get with any mass produced cast designs. Our quality is guaranteed to please.
To get a quote on a designer handmade Engagement Ring or piece of Jewellery
please Click Here browse the design you have on
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diamond colection
Choose an image:  
Syrma Sheratan Kastra
Bharani Arrakis Merope
Azha Phact Gianfar

diamond qualitty

American Ideal Cut corresponds to Superb Ideal Cut
57% Table Ideal CutCorresponds to approximately 16% of the top diamond quality based on cut. The range for the proportions as defined by the American Gem society: Table Diameter: 52.4% to 57.5%, Crown Angle: 33.7 degrees to 35.8 degrees, Girdle Thickness: Thin to Slightly Thick (.51% to 2.95%), Pavilion depth percentage: 42.2 % to 43.8%, Culet: (Pointed) None, Very small to Medium, Total Depth: 58.7% to 62.3%.Noting good symmetry and polish. These percentage ranges justify the beauty and quality of the diamond. An Ideal American cut will reflect nearly all light and is truly a top quality, striking and highly prized cut.

30 Oct 2011

New Hotels & Resorts

The Villa Projects team is in the process of building nine new properties of Villa as luxury resorts and hotels to be included in the Villa Hotels chain.

Villa Projects presents the Dreams of a better Paradise. We are looking for interested investors who dwell in this dream of heaven. Currently we have seven islands of white sandy beaches surrounded by crystal clear lagoons, to be developed as upmarket resort destinations for the pleasure of everyone. And two airport hotels and one Condominium to be developed on the Artificial Hulhumale' island.

29 Oct 2011

gold coin bar display






28 Oct 2011

Indian dealers see strong demand for Gold Coins...

IF YOU NEEDED any more proof that India is crazy for gold, you just have to look at sales in just one city for just one day, writes MineWeb's Shivom Seth.
Nearly 35 kilograms of gold was sold on a single day on Monday, earning more than $1.8 billion for traders on the highly auspicious Dhanteras, the day preceding Diwali.
Even as Indians were getting ready to celebrate the festival of lights Diwali on Wednesday, October 26, the people of Chandigarh in Punjab showed the intensity with which the yellow metal continues to be revered in the country by buying up massive quantities of gold on Monday
As for the rest of the country, traders are as yet unwilling to hazard a guess about sales given that just one day has gone past. "We were under the opinion that high prices and fluctuations in the price of gold would deter many consumers. But they have made a beeline to jewelry stores and sales have been brisk especially in North India,'' said Sunderlal Singh, bullion trader and gold jewelry retailer in Mumbai, who opened three stores in the last year in North India.
He noted that people preferred to purchase Gold Coins this time instead of spending on jewelry, given the high cost of gold in addition to the making charges levied by different jewelers. Coins were available in sizes ranging from half a gram to 50 grams.
As the word suggests, Dhanteras celebrates wealth. Though most people flock to jewelers and Buy Gold or silver jewelry to mark the occasion, many also shop for electronic goods, automobiles or even utensils to venerate the occasion of Dhanteras in India.
On Monday the price of gold shot up to $526 for 10 grams of 22 carats, while it was $363 last year on Dhanteras day, said traders. On the Comex division of the New York Mercantile Exchange, Gold Futures for December delivery traded at $1,659.05 during early trading hours in Europe, climbing 0.41%. It had earlier risen by as much as 0.68% to trade at $1,664.65, the highest since October 19.
The glitter of gold shone brightest in Mumbai, considered the financial capital of India. Prithviraj Kothari, president of the Bombay Bullion Association said sale of Gold Coins this year were the best in at least three in Mumbai during Dhanteras.
The festival of lights is normally considered an auspicious time to splurge on the precious metal. "This season, some jewellers feel that sale volumes could be down by 20% to 30% as compared to the previous year's Diwali season, but the value would be higher owing to the increased rates,'' Kothari said adding that gold exchange trade funds sales had also peaked.
Analysts said strong Indian demand kept gold premiums high across Asia for all of Tuesday. While premiums in Hong Kong were around $2 per ounce above spot gold, in Singapore the gap between deal prices and spot gold was around $1.50 per ounce.
In Mumbai, demand for Gold Coins was so high on Monday that serpentine queues were witnessed outside big jewelry outlets late in the evening, snaking over half a kilometer outside many stores.
"There is an auspicious period when one can Buy Gold and most consumers insisted on waiting for the appropriate time to bring in the precious metal. Buying it at a certain time during the day would ensure that prosperity and good health would be bestowed on the owner,'' said Ramnikbhai Jhaveri, bullion retailer.
Several stores announced a slew of interesting schemes to bring in more footfalls. While some stores advertised heavy discounts on making charges, others promised to give away expensive gifts on amounts exceeding a certain figure, including air tickets to exotic locations. Traders said that some stores in Mumbai were forced to remain open past midnight given the density of the crowds.
Public sector banks and private banks too decided to honor the occasion by selling Gold Coins and gold biscuits from specially designated counters. Several people from the corporate world prefer to Buy Gold coins from banks since they are assured of purity and get a certificate of the exact caratage.
The coins cell of just one branch of State Bank of India managed to sell around 4 kilo of Gold Coins on Monday with bankers saying the crowd was almost double as compared to last year. Several other public sector and private sector banks including Punjab National Bank and HDFC Bank had opened special counters to sell gold.
Moreover, as compared to last Diwali, traders and jewelers noted a high turnover in terms of cash sales rather than plastic money being used. "Many people preferred to pay cash rather than use the credit card. Cash sales were up by at least 20%,'' said Sonubhai Trivedi, bullion trader.
Though purchases on the auspicious gold-buying day of Dhanteras were slow in the initial hours of October 24, with prices ruling almost 40% higher than last Diwali in some cities, traders said sales picked up during the day. Traders said they were expecting a robust season with around 30% spurt in sales all throughout this week.

27 Oct 2011

Gold Trading history

Gold Trading has a long history dating thousands of years, and has been a basis for currency for just as long. Many investors like the idea of gold trading because it is a commodity that has intrinsic value, and will never be worth nothing versus the dollar which is a fiat currency.  Bullion is a precious metal that has a fundamental value. 

In 2005, it was estimated that the total world supply of gold was 3,859 tonnes, and the current demand was 3,754.  This means there is currently a surplus of just over 100 tonnes. The largest amount held anywhere in the world is held in the underground vault at the Federal Reserve Bank in New York, which holds approximately 3% of all the gold ever mined. The second largest amount is held at the United State Bullion Depository, which is located at Fort Knox, Kentucky. 

As with FOREX, or the currency market, the central banks and the International Monetary Fund (IMF) play a great role in determining the trading or spot price. The universal price is called the London Gold Fixing, and it is considered to be the benchmark for all international pricing. It is decided up twice daily, out of London, and the rate is developed between the largest 5 bullion trading companies and priced per the ounce.  Prior to the current bull run we are experiencing, the all time high price was $850/ounce, and that record was set on January 21, 1980.  Lately, the spot gold price has climbed to over $1400 an ounce with many speculating that it has higher prices still to come.

How to Short Gold?

How You Can Make Yourself a Better Trader  10/27/2011   As a trader, it is imperative that you define your approach to the markets. For instance, do you follow the trend or do you like to play breakouts? Are you a commodity trader or an index trader at heart? What's your trading time frame, five minutes or five weeks?  Read More
Technical Indicators: How to Use Them to Complement Elliott Wave Analysis  10/27/2011   The MSCI Asia Apex Index combines 50 of the largest stocks in Hong Kong, Taiwan and Korea. The following Elliott wave development in the index provided EWI Global Analyst Chris Carolan an opportunity to show his readers how he uses three of his favorite technical indicators to anticipate trend changes.   Read More
From Hero to Zero: Public Figures on Magazine Covers  10/27/2011   Paul Montgomery"s magazine cover indicator shows that media often laud leaders near the peak of their popularity, after which they often have nowhere to go but down.  Read More
(VIDEO) Forex: Why Use Elliott Wave Forecasts, Part I  10/26/2011   What is Elliott wave analysis, and why would you want to use it to trade forex? Watch EWI's Chief Currency Strategist and editor of our forex-focused Currency Specialty Service Jim Martens explain in this free video interview.  Read More
Why the Unemployment Lines May Soon Grow Much Longer  10/26/2011   Is the trend reversal in the decades-long government job growth part of a bigger deflationary trend?  Will government layoffs mean unemployment rates well above the current 9.1%?...  Read More
Copper and the CCI: One More Day of FREE Forecasts  10/26/2011   Set your watches: There's less than 24 hours left to participate in EWI's latest Futures Junctures FreeWeek, which ends at 12 noon on Thursday October 27. In the October 25 Daily Futures Junctures, EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy provides a nail-biting review of two highly watched markets: copper and the Continuous Commodity Index.  Read More
Free 45-Page Trading eBook: The Best of Trader's Classroom. This valuable eBook, adapted from the $189 set of the same name, offers the 14 most actionable lessons every trader should know. Don't miss your chance to improve your trading by downloading this popular trading resource. Hurry, this offer expires November 7. Download your free eBook now.
There are some out there that beleive that the Price of Gold has run its course. Gold has experienced a dramatic upward climb in the last decade. After all, how many other investments have multiplied over 5 times in value in the last 10 years?  Gold has consistently year after year outperformed many other asset classes.

If you believe that the price of gold is going to drop and are looking to maximize your returns as a gold trader, then you will want to consider shorting gold.

Market News

 
MW:Stock futures maintain rally amid economic data   27 Oct 18:10

 
By Kate Gibson

NEW YORK (MarketWatch) -- U.S. stock futures held strong gains Thursday as investors took in a slew of eco...
 
 
BLBG:U.S. Economy Grew at Faster Pace as Consumer Spending Picked Up   27 Oct 18:10

 
The U.S. economy grew in the third quarter at the fastest pace in a year as gains in consumer spending and business investment hel...
 
 
MW:Dollar slips, Treasurys down after GDP, claims   27 Oct 18:06

 
By Deborah Levine
EURUSD DXY 10_YEAR
Dollar slips, Treasurys stay down after GDP, claims NEW YORK (MarketWatch) -- The dol...
 
 
BLBG:Jobless Claims in U.S. Decreased 2,000 Last Week to 402,000   27 Oct 18:06

 
Fewer Americans filed applications for unemployment assistance last week, while those on benefit rolls dropped to a three-year low...
 
 
MW:Jobless claims fall 2,000 to 402,000   27 Oct 18:02

 
By Greg Robb
WASHINGTON (MarketWatch) - First-time claims for state unemployment benefits fell slightly in the latest week, th...
 
 
BLBG:Canada Dollar Gains to Stronger Than Parity After Europe Debt Agreement   27 Oct 17:57

 
Canada’s dollar strengthened through par with the greenback after European leaders agreed to measures for containing the region’s ...
 
 
WSJ:Hertz Puts Dollar Thrifty Bid on Hold   27 Oct 17:55

 
By LAUREN POLLOCK

Hertz Global Holdings Inc. said it is withdrawing its offer for Dollar Thrifty Automotive Group Inc. in...
 
 
RTRS:S.Africa's rand hits 1-month high against dollar   27 Oct 17:53

 
JOHANNESBURG Oct 27 (Reuters) - South Africa\'s rand extended its gains against the dollar on Wednesday as investors flocked to hi...
 
 
RTRS:European oil groups' profits jump on higher prices   27 Oct 17:52

 
* Oil and gas prices rise

* Shell underlying net profit up 42 pct to $7.0 bln

* Eni underlying net profit up 19 ...
 
 
BLBG:Crude Oil Gains on European Debt Agreement, Signs of U.S. Economic Growth   27 Oct 17:25

 
Oil advanced in New York after European leaders agreed on measures to tame a sovereign debt crisis that threatens to slow economic...
 
 
EN:New Zealand dollar and New Zealand interest rates: Latest post-RBNZ analysis   27 Oct 17:23

 
The pound New Zealand dollar exchange rate is 1.984% lower with 1 GBP = 1.9676 NZD.

The euro New Zealand dollar exchange...
 
 
WSJ:Euro Hits 7-Week High After Summit   27 Oct 17:16

 
By JESSICA MEAD

LONDON—Relieved traders pushed the euro and other currencies correlated to risk-taking to seven-week high...
 
 
CO:Gold price target $1775 on US GDP Q3   27 Oct 17:16

 
NEW YORK (Commodity Online): Gold price could target $1775 in the near term with $1680 as support on figures relating to the US 3Q...
 
 
RTTN:Gold Edges Down As Risk Appetite Increase   27 Oct 17:14

 
(RTTNews) - The price of gold edged down Thursday morning as risk appetite improved after European leaders finalized a deal with p...

26 Oct 2011

Direct Ways Of Gold Trading

Traders try on investing in different areas so that they can earn good amount of money in one way or the other. These days, traders are seen to interest in investing money in precious metal gold. Gold trading is getting really popular not just amongst traders but other people as well, as it are high in price since few months. But there are large number of people who want to invest in gold and make some fortune but they are not able to do so as the fundamental knowledge of trade gold are not clear to them. If you are also one of such people then this is just the right place to visit. Here you will find ways in which you can invest money in gold and hopefully they will answer to some of your questions satisfactorily.
First of all it is customary to know that there are two basic ways in which you can invest money in gold. One way is to invest money directly in gold and other way is by investing in an indirect manner. It depends entirely on an individual which way he wants to go as both of them have their own advantages and disadvantages. Here we are listing different ways in which you can make investment in gold and thus can do gold futures trading successfully.
The most common method of investing in gold is by buying gold bars in exchange of currency. Gold bars which are also known as gold bricks are nothing but a bar made of metallic gold which is refined. Gold bars are generally made by keeping in mind their standard quality and quantity. This is done in order to maintain uniformity all across the world. The standard weight of a gold bar which is kept in central banks or bullion dealers is 12.4 kg which is equivalent to 400 ounce.
Other way by which you can invest in gold is by buying coins or to be more precise bullion coins. The price of these coins made entirely of gold is decided according to the weight of the coin. a premium value is also included above the spot price when the value of bullion coin is evaluated. There are many standard bullion coins which are popular amongst traders who trade gold. Some of the most popular bullion coins are Canadian gold maple leaf, South African kruggerand, American gold buffalo and lots more. You can invest in any of them which you find the best.
The two methods which we have discussed above are direct ways of investing in gold. Apart from direct ways, there are also available indirect ways of gold trading. In this method of gold trading you can invest in gold by exchanging certificates, exchange-traded funds, derivatives, accounts and few more. All the methods of investing in gold are equally beneficial and choosing them depends on an individual’s choice. But before you choose any of them do a proper research so that you do not get fooled by fraud people. Now days, facility of online gold trading is also present and you can take its advantage to the fullest.

Trading Gold Futures Contracts

Gold trading has the ability to provide investors a less volatile market. Most traders find that the gold market allows them to diversify their portfolio and add to their long or short term investment goals. It also provides the ability to trade with different qualities and various prices. The futures market using the gold commodity has become quite popular due to the it being a leveraged product.
Many investors will partake in trading gold futures contracts; these represent a secure contract with the idea to buy or sell, give or take delivery of a precise quantity of gold or bouillon in addition to the actual quality of the gold or bouillon, on a specific arranged date, as well as at a fixed arranged price. Traders can easily choose to receive the actual underlying asset (in this case gold), or give it, on the maturity date of the contract. This is very unlikely however when trading with futures contacts, and instead is geared at the underlying asset market prices and speculating on what the market will do in the future. This speculation makes gold future market trading very volatile.
Gold as well as bullion future contracts allow the investor to take a long or short position. An investor may wish to make use of a standard future contract as it also offers them liquidity and prices which are ‘real-time’. Another benefit for many traders is that gold futures contracts are traded on margin and leverage. This means that the investor needs a small percentage of capital up-front to open the contract. With the ability to trade with leverage the risk involved is greater. This can cause the trader to lose over and above their initial outlay.
A very important rule for the investor to realize and fully understand is that gold future contracts are in fact a zero-sum product. What this means is that for each long position there will be a short position which offsets it. So, in the event that there are commercial companies (hedgers) whom are taking on short positions, and they are thriving and the market is moving in their favor, then the long positions (speculators) will be sustaining losses.
Hedgers as well as speculators in recent times however have been producing a thriving market area in the gold commodity. The overall success of any futures contract, which includes that of the gold futures market will inevitably rely upon the market movements of gold or bouillon during the actual contractual time.

Trading Gold On the Stock Market Using Mining Shares or EFTs


Aside from other financial instruments like stocks, shares and derivatives, another tradable instrument is the precious metals like gold. As a matter of fact, this is among the most popular commodity in the field of investments. This is already being traded since the ancient times and even up to now. It is also being considered as a social fiat currency that is almost universally applicable to any kind of economies. Hence, since this is a valuable market, this makes it subject to speculation through the use of derivatives as well as futures contracts.
Now, one of the most used and popular instrument or tool that is being used in gold trading is the ETFs or what they call as the exchange traded fund. In a general point of view, this is actually an investment fund that is being traded. Well in fact, this is treated just like the ordinary stocks; hence, making this to be traded on stock exchange.
So, if a newbie trader wants to engage into this kind of funds in gold trading, what are the things that needed to be understood? In this light, there are actually at least three (3) things that a new trader needs to know. These are related to the types of ETFs, government regulations as well as the pros and cons of such investment strategy.
On the one hand, when it comes to the kinds of ETFs that a trader can use in trading gold, there are actually at least seven (7) types that one can explore. These are the index ETFs, commodity or ETCs, bonds, currencies, actively managed ETFs, grantor trusts as well as leverage type of ETFs. There are many properties associated with these types. Aside from that, one must also know that costs associated in trading gold using mining shares as well as ETFs.
However, one must always remember to have someone to ask to when it comes to knowing the technicalities of this kind of investment transaction. This is because being a newbie entails a lot of works to do and this cannot be done through self-studies. What this means is that one needs to seek professional advices from the experts.
On the other hand, a newbie financial trader also needs to know the policies and regulations governing such kind of gold trading using mining shares as well as ETFs. This is because the laws in a specific country heavily affect the level of possible profit that a trader will be able to enjoy. This will also dictate on the right strategy in playing this kind of game.
Last, but not the least, one needs to understand both the pros and cons of trading gold using mining shares and ETFs. This is because this is the only way in order to know if such investment is indeed wise or not.

indian ecnomy

India economy, the third largest economy in the world, in terms of purchasing power, is going to touch new heights in coming years. As predicted by Goldman Sachs, the Global Investment Bank, by 2035 India would be the third largest economy of the world just after US and China. It will grow to 60% of size of the US economy. This booming economy of today has to pass through many phases before it can achieve the current milestone of 9% GDP.
The history of Indian economy can be broadly divided into three phases: Pre- Colonial, Colonial and Post Colonial.

Pre Colonial: The economic history of India since Indus Valley Civilization to 1700 AD can be categorized under this phase. During Indus Valley Civilization Indian economy was very well developed. It had very good trade relations with other parts of world, which is evident from the coins of various civilizations found at the site of Indus valley.

Before the advent of East India Company, each village in India was a self sufficient entity. Each village was economically independent as all the economic needs were fulfilled with in the village.

Then came the phase of Colonization. The arrival of East India Company in India ruined the Indian economy. There was a two-way depletion of resources. British used to buy raw materials from India at cheaper rates and finished goods were sold at higher than normal price in Indian markets. During this phase India's share of world income declined from 22.3% in 1700 AD to 3.8% in 1952.

After India got independence from this colonial rule in 1947, the process of rebuilding the economy started. For this various policies and schemes were formulated. First five year plan for the development of Indian economy came into implementation in 1952. These Five Year Plans, started by Indian government, focused on the needs of Indian economy.

If on one hand agriculture received the immediate attention on the other side industrial sector was developed at a fast pace to provide employment opportunities to the growing population and to keep pace with the developments in the world. Since then Indian economy has come a long way. The Gross Domestic Product (GDP) at factor cost, which was 2.3 % in 1951-52 reached 9% in financial year 2005-06

Trade liberalization, financial liberalization, tax reforms and opening up to foreign investments were some of the important steps, which helped Indian economy to gain momentum. The Economic Liberalization introduced by Man Mohan Singh in 1991, then Finance Minister in the government of P V Narsimha Rao, proved to be the stepping-stone for Indian economic reform movements.

To maintain its current status and to achieve the target GDP of 10% for financial year 2006-07, Indian economy has to overcome many challenges.

Challenges before Indian economy:
  • Population explosion: This monster is eating up into the success of India. According to 2001 census of India, population of India in 2001 was 1,028,610,328, growing at a rate of 2.11% approx. Such a vast population puts lots of stress on economic infrastructure of the nation. Thus India has to control its burgeoning population.
  • Poverty: As per records of National Planning Commission, 36% of the Indian population was living Below Poverty Line in 1993-94. Though this figure has decreased in recent times but some major steps are needed to be taken to eliminate poverty from India.
  • Unemployment: The increasing population is pressing hard on economic resources as well as job opportunities. Indian government has started various schemes such as Jawahar Rozgar Yojna, and Self Employment Scheme for Educated Unemployed Youth (SEEUY). But these are proving to be a drop in an ocean.
  • Rural urban divide: It is said that India lies in villages, even today when there is lots of talk going about migration to cities, 70% of the Indian population still lives in villages. There is a very stark difference in pace of rural and urban growth. Unless there isn't a balanced development Indian economy cannot grow.
These challenges can be overcome by the sustained and planned economic reforms.

These include:
  • Maintaining fiscal discipline
  • Orientation of public expenditure towards sectors in which India is faring badly such as health and education.
  • Introduction of reforms in labour laws to generate more employment opportunities for the growing population of India.
  • Reorganization of agricultural sector, introduction of new technology, reducing agriculture's dependence on monsoon by developing means of irrigation.
  • Introduction of financial reforms including privatization of some public sector banks

 
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