Discuss about gold trading...

Hi, I saw your post, and it got me interested. Thanks for starting a discussion about gold trading here. It's a good thing you discussed it here because I am reminded that I am a member of BullionVault. I would like to provide you some basic information here: BullionVault is an Internet Gold Bullion Exchange and physical storage provider, founded in 2005 by Paul Tustain. It is owned by Galmarley Ltd. and based in London, United Kingdom. Purchased Gold is held in personal allocated storage with Via Mat International in either London, New York, and Zurich depending on the client's preference. BullionVault commission charges range from 0.8% to 0.02%, and its custody charge is 0.12% per annum with a $4 monthly minimum charge. Clients in BullionVault hold their Gold in vaults controlled by BullionVault, thereby creating a legal bailment. This is different from most other online gold facilities, which purport to create a digital gold currency. BullionVault enables users to buy and sell gold at prices set by them ensuring an open and competitive 24/7 market. To prevent "money laundering", BullionVault asks new clients to provide proof of identity and address. Also unlike digital gold currency, they do not allow the direct transfer of gold units between user accounts unless they are sold via exchange facility. This contrasts with digital gold currency which may act as electronic money. BullionVault also undertakes daily audit to reconcile every client's holdings against the latest bar lists and bank statements. In 2009, BullionVault was one of the winners of The Queen's Award for Enterprise (Innovation Category). As of Sept. 11, 2009 and according to their website, BullionVault hold over 18 tonnes (584,037 troy ounces) of gold in storage. BullionVault is the sole operating business of Galmarley Ltd., company number 4943684 registered in England. If you are interested in BullionVault, here's the URL: http://www.bullionvault.com/#magtibaygom After your registration, you will receive your first free 1 gram of gold to help you learn to trade.

It is important to know if you want to trade actual goal you own? Or trade gold futures? Big difference.

Trading looks very profitable, but is NOT. You are better being an investor. You can invest in Gold ETFs or better invest in gold mutual funds like DSPBR World Gold Fund and AIG World Gold Fund. you can visit http://goodfundsadvisor.blogspot.com which has more details on Gold Trading. Best of luck, Srikanth

Gold is a kind of precious metals precious commodity. In general, people familiar with the facilities of this investment. Generally, those who invest funds in the form of gold, would want the benefits, namely by getting the difference of buying and selling price. For example, you buy at the price of Rupee 90.000 / gram, you will sell if the price rises to $ 9.200 / gram. This is common.

it'nise