• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • 2
    CommentGo Back
Download
 
TABLE OF CONTENTS
1.Introduction…………………………………………………………………………………………. 1
1.1.
Spot Vs Forward Transactions………………………………………………………………… 4
1.2.
Limitations…………………………………………………………………………………...... 52.Company Profile……………………………………………………………………………………. 73.History of Commodity trading and Precious Metals……………………………………………….. 93.1.Commodity trading in India………………………………………………………………….... 93.2.Kabra committee report……………………………………………………………………...... 103.3.Forward Market Commission………………………………………………………………….. 123.4.Multi-commodity exchange of India……………………………………………………………133.5.National Commodity and Derivatives Exchange limited……………………………………… 153.6.History of Gold Market………………………………………………………………………... 193.6.1.Gold Trading…………………………………………………………………………….. 20
3.6.2.
Production of the Gold……………………………………………………………………20
3.6.3.
Why central Banks Hold Gold……………………………………………………………21
3.7.
History of silver Market……………………………………………………………………….. 23
3.7.1.
Production of silver……………………………………………………………………. ...24
4.
Pricing Commodity Futures……………………………………………………………………….. 26
4.1.
Investment Vs Consumption Assets…………………………………………………………..... 26
4.2.
Cost of Carry model………………………………………………………………………….... 27
4.3.
Pricing Futures Contract on Investment commodities………………………………………… 29
4.4.
Pricing Futures Contract on Consumption commodities……………………………………… 32
5.
Clearing, Settlement and Risk Management……………………………………………………….. 35
5.1.
Clearing………………………………………………………………………………………… 35
5.2.
Settlement………………………………………………………………………………………. 37
5.3.
Risk Management……………………………………………………………………………… 40
6.
Fundamental and Technical Analysis………………………………………………………………. 42
6.1.
Fundamental analysis………………………………………………………………………......42
6.1.1.
Demand and Consumption………………………………………………………………. 42
 
6.1.2.
Consumption of gold in India……………………………………………………………..44
6.1.3.
Uses of Gold………………………………………………………………………………44
6.2.
Technical analysis……………………………………………………………………………… 46
6.2.1.
Dow Theory……………………………………………………………………………… 46
6.2.2.
Basic principles of Technical analysis…………………………………………………… 50
6.2.3.
Line Chart…………………………………………………………………………………51
6.2.4.
Bar Chart…………………………………………………………………………………..52
6.2.5.
Japanese Candlestick Chart……………………………………………………………….55
6.2.6.
Chart Patterns…………………………………………………………………………......596.2.6.1. Support and resistance patterns…………………………………………………. 596.2.6.2 Reversal pattern…………………………………………………………………. 626.3. Mathematical Indicators………………………………………………………………………. 646.3.1. Moving Average………………………………………………………………………… 646.3.1.1. Simple moving Average……………………………………………………….. 646.3.1.2. Exponential moving Average………………………………………………….. 666.3.2. Oscillators……………………………………………………………………………….. 686.3.2.1. Rate of Change indicators……………………………………………………… 686.3.3. Market Indicators……………………………………………………………………….. 717. References………………………………………………………………………………………….. 72
 
ABSTRACT
Aim:
An empirical study on precious metals based on fundamental and technical analysis.
Abstract:
We study the gold and silver prices based on fundamental analysis like inventories inthe entire globe, central bank reserves and currency fluctuations. We study the Inventories whichwill effect due to strikes, political conditions and demand & supply mismatch. According tocentral Bank policies and central agreements reserves will various. Currency trading on Dollar verses Euro or Dollar verses sterling pound causes volatility which leads to gold/silver pricefluctuations.
We forecast the gold and silver prices with advanced technicalanalysis tools by using mathematical indicators and Market indicators likeSimple moving average, Exponential moving average. Market indicators arethe indicators
used by technical analysts to study the trend of the market as a whole.
Oscillators like Rate of change Indicators. We use mathematical indicators toknow the average prices of the commodity, and we use Oscillators to identifyoverbought and oversold conditions.
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
deleted_fbuser_1316368571

Hi babajan, I don't suppose you know who the author of this is, so I can reference it?

reply06 / 15 / 2010
babajan_4

Hii This is My MBA Project.

04 / 25 / 2011
You must be to leave a comment.
Submit
Characters: ...