Mutual funds will be allowed to trade in the Indian commodity markets in the next six months. This is a sign of the maturity of Indian commodity markets. Indian commodity markets started in 2003 and has overcome a number of hurdles to get at par with developed nations. Options are being gradually started in metals and will slowly move onto to other commodities. Fading trading volumes due to demonetization and bucketing are a thing of the past now. Volumes will now zoom in all commodities trading in India. Indian’s who mostly have a preference to stocks should now look at commodities to invest. Starting with five percent of your portfolio and gradually increasing to fifteen percent over the next year. Silver is the least risky bet in the metals sector. One can start investing in silver at current prices in small amounts and increase investment in silver on any ten percent fall (if any). Gold is always evergreen.
Ups and downs in North Korean risk will dictate gold and silver.
This post was published at GoldSeek on 27 September 2017.
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