Page 2 - MEX Express - Vol 7 Issue 2

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Market Capitalization - Futures Contracts
From April 2015 - June 2015 (in%)
Market Capitalization of all the future contracts listed in the MEX
terminal. Gold has the maximum capitalizaiton followed by Micro Gold
& Small Gold.
Market Capitalization - Spot Contracts
From April 2015 - June 2015 (in%)
Market Capitalization of all the spot contracts listed in the MEX
terminal. Nano Gold continues to have the maximum capitalization
followed by Nano Silver and Mini Gold.
Major Market Movers for Gold & Palladium (1st April-30th June 2015)
Prices 35000
30000
25000
20000
15000
10000
5000
0 6/5/2015
Note:
Date News
4/1/2015 Opening price as of 1st April 2015
4/6/2015 Disappointing U.S. employment data
4/20/2015 Greece won’t be forced out of the eurozone.
4/24/2015 Strength in global equities diverted interest from the precious metal
5/4/2015 Weak Chinese factory data and earlier dollar weakness
5/25/2015 Investor optimism in federal reserve rate hike
6/5/2015 The U.S. economy added 280,000 jobs in May
6/15/2015 Demand in the Asian market
6/30/2015 Closing price as of 31st March 2015
MEX EXPRESS www.facebook.com/mexhome
FACTS AND FIGURES Volume: 7 • Issue: 2 • Year: 2015 A.D
Know Your Commodities
Gold
Introduction mined in South Africa, according to nickel, iron, and cadmium.
Lawrence Livermore National
Gold is a shiny, malleable, soft, Laboratory. • Very few chemicals can attack gold,
dense metal which is a chemical so that’s why it keeps it shine even
element with symbol Au. Gold is a • Because gold is soft, it is typically when buried for 1000’s of years.
remarkable, rare metal, with an mixed with other metals, or alloys,
unparalleled combination of chemical to give it strength. Measured on the • The melting point of gold is 2,063
and physical properties. For thousands karat scale, pure gold is 24 karats. degrees Fahrenheit.
of years, it has been used as an
ornament of kings, a currency and • In 2012, the gold mine production • Scientists believe that gold can be
standard for global currencies, and increased by 12 MT to 2848 MT found on Mars, Mercury, and Venus.
more recently, in a wide range of and the combined demand for bars
electronic devices and medical & coins dropped from 1515 MT to Gold @ MEX
applications. Gold has historically been 1256 MT.
an excellent hedge against inflation, • Gold has been trading initially in
because its price tends to rise when the • Gold demand of 3,756.1 tonnes in the futures platform and later on the
cost of living increases. People see 2013 was worth US$170.4bn. spot contracts in the MEX platform.
gold as a way to pass on and preserve Consumers generated exceptional
their wealth from one generation to the levels of demand, with jewellery at • Gold is the Precious Metal available
next. It can be acquired and stored in its highest since the onset of the for trading in the MEX terminal at
the form of Jewellery, Bars, Coins and financial crisis in 2008 and present with initial margin of Rs.
Gold Deposits. The purity of a gold bar investment in small bars and coins 80,000 for 1000 Kilogram. It has 4
can also be expressed as a decimal hitting a record high. different Futures and Spot contracts.
figure ranging from 0 to 1, known as
the millesimal fineness, such as 0.995 • Central bank buying and selling can
and 0.999. The price of gold is have a significant influence on gold
determined on the open market, but a prices. Central banks made healthy
procedure known as the Gold Fixing in purchases of 368.6 tonnes, the
London, originating in 1919, provides fourth consecutive year of positive
a twice-daily benchmark figure to the demand. The net result was a 15%
industry. South Africa, the United decline in overall gold demand
States and Australia are the three from 2012.
largest gold producing countries while
India is the world’s largest gold Some Interesting Facts
consumer, followed by China.
• The word “gold” comes from the
Fundamental Facts Old English word “geolu,” meaning
yellow.
• Seventy-eight percent of the
world’s yearly supply of gold is • Gold is extremely ductile. A single
used in jewelry, according to the ounce of gold (about 28 grams) can
AMNH. The rest goes to electronics be stretched into a gold thread 5
and dental and medical uses. miles (8 kilometers) long.
• A total of eighty-eight thousand • 24 karat gold is pure elemental
tons of gold have been extracted gold. 18 karat gold is 75% pure
from the earth ever since. This gold. 14 karat gold is 58.5% pure
means all the gold that has been dug gold, and 10 karat gold is 41.7%
up so far in history would, if pure gold. The remaining portion of
melted, make a cube measuring the metal usually is silver, but may
approximately 25*25*25 meter. consist of other metals or a
combination of metals, such as
• Two-thirds of the world’s gold is platinum, copper, palladium, zinc,
Gold Palladium
Prices 25000
20000
4/1/2015 15000 4/1/2015
4/6/2015 10000 4/13/2015
4/20/2015 4/29/2015
4/24/2015 5000
5/4/2015 0 5/5/2015
5/25/2015 5/28/2015
6/15/2015 6/1/2015
6/30/2015 Note: 6/9/2015
6/15/2015
6/28/2015
Date News
4/1/2015 Opening price as of 1st April 2015
4/13/2015 The demand for precious metal increased
4/29/2015 China’s imports of palladium fell
5/5/2015 Strong demand from chinese industries
5/28/2015 Slow chinese demand
6/1/2015 U.S. jobless claims at lowest since April 2000
6/9/2015 Lonmin aims to cut 3500 South African jobs
6/15/2015 Supply from South African mines climbs
6/28/2015 Closing price as of 28th June 2015
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