Quantum Gold

#1
I do not have access to commodity market as of now, but desire to invest in gold.

Do the ETF's really track price of gold.. For ex: I see gold around 1565$ at Gold Chart - Last 30 Days

This is 2% fall. Also, if you see USD-INR it changed from 55.42 to 55.50, marginally weaker.

Thus the Gold ETF should have been down but QGOLDHALF is going up.

Please suggest on what's going on?
 

Alchemist

Administrator
Staff member
#2
1%-2% divergence between commodities in different markets and between commodities and their ETFs is normal.

Local supply and demand can create such divergences.
 
Top