From Xinhuanet via ChinaView.cn
Thursday, January 26, 2006
NEW DELHI – The Securities and Exchange Board of India, India''s
marker regulator, amended its regulations, allowing mutual funds to
launch gold-exchange traded funds (GETF), newspaper Daily News and
Analysis reported Thursday.
A gold-exchange traded fund unit would be like a mutual fund unit.
It would be held mostly in dematerialized form. An investor would
get a securities certificate given by mutual fund running the GETF
defining the ownership of a particular amount of gold.
Gold prices are at nearly 25-year high in the country.
There''s a safety angle too. Since GETFs are based on standards and
transparency, manipulation by jewelers is avoided. A GETF would be
affordable and investment will be in paper form.
Ini berita baik atau buruk?
Oil-Spattered Gold\r\nSource: Mineweb 01/27/2006\r\n\r\nGlobal investment bank JPMorgan is advising its clients to buy gold, which it says could reach nearly $600/ounce by year-end, according to a recent Mineweb article by Erika van der Merwe.\r\n\r\n\r\nTight gold supplies, rising investor demand and jewellery demand could drive the metal price to these levels, it says in its latest “Commodity Markets and Outlook” report.\r\n\r\n\r\nBut, should the political tension in Iran blow up, sending the oil price soaring, there is a possibility that gold could reach as high as $800/ounce.\r\n\r\n\r\nDrawing evidence from similar experiences during the fifteen-month long aggressive intervention by the USA in Iraq, JPMorgan analysts explain that there is a link between oil price movements and gold price changes.\r\n\r\n\r\n“If a meltdown in Iran took crude to $100/barrel, we see a 35% probability that gold reaches $800/ounce.”\r\n\r\n\r\nThis is linked partly to the likely “influx of petrodollars from the Middle East”, looking for an investment home, and partly to the expected increase in demand for safe-haven assets such as gold. At such times, demand for US dollars wane.\r\n\r\n\r\n\r\nBung IS, apakah ada tehnik untuk menghitung nilai fundamental komoditi, khususnya emas, seperti saham? Dari mana banyak pendapat yang mengatakan bahwa nilai fundamental emas saat ini adalah $600?