NSEL (National Spot Exchange Ltd) has launched E-GOLD (one unit is 1 gram) and E-SILVER (one unit is 100 grams) and one can take delivery of spot Gold in the demat form by paying 10 percent of the actual price.Here is a small investment strategy for Gold investors ,let us consider that 1 gram of gold is Rs 3500/- after five years ie on 2015 and by the time you your requirement of Gold is 200 gms then you need Rs 700,000/- to afford it.At CMP (current market price) E-Gold is traded at Rs 1893/gm and 10 percent of CMP is Rs 190/- so to buy 200 gms of E-Gold you require Rs 38000/- now stay invested until you buy physical Gold or jewels.
If the price of Gold appreciates you get the credit of the price rise because you already own 200 gms of Gold in the demat form but what if price falls from CMP here you should have 10 to 15 percent more money to fund the Gold which you hold.
(example: If the Gold price falls by 5 percent from CMP ie Rs 90/- you will have to pay Rs 90 x 200 gms = Rs 18000 extra margin money to hold the position.
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