Page 1
National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
DAILY
Prepare for future; invest in e-gold, e-silver, e-copper, e-zinc and e-Lead
E-GOLD / E-SILVER SUMMARY
7thAPRIL 2011
Table of Contents
1) E-Gold & E-Silver Turnover Summary: ..................................................................................................... 2
2) E-Gold & E-Silver: Investment Returns: ................................................................................................... 2
3) Daily Market Summary 6th Apr, 2011: ....................................................................................................... 2
4) Cost of Purchase (Reference Place Mumbai): ........................................................................................ 3
5) Making / Packing Charges .......................................................................................................................... 3
6) Price comparison of Gold Coin from various sources: ........................................................................... 3
7) Address of the delivery centers: ................................................................................................................ 4
8) Returns since launch E-Gold vs. Gold ETFs: .......................................................................................... 5
9) Product Features: ......................................................................................................................................... 5
10) Taxation liability on E-Series: ..................................................................................................................... 5
11) E-Gold: Volume and Price Chart: .............................................................................................................. 6
12) E-Silver: Volume and Price Chart: ............................................................................................................ 6
13) Comparison of investment in E-Gold through different sources: .......................................................... 7
14) ETF Performance – A Comparison of Benchmark MCX Gold Price vs. Gold Bees ETFs price: .... 7
15) Empanelled Depository Participants: ........................................................................................................ 8
16) For further details contact: .......................................................................................................................... 9
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National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
1) E-Gold & E-Silver Turnover Summary:
2) E-Gold & E-Silver: Investment Returns:
3) Daily Market Summary 6th Apr, 2011:
Commodity Market Unit Open High Low Close Prev. Close
Chg
Gold
E-Gold ` / gm 2164.0 2164.0 2144.7 2147.3 2147.5 -0.2
MCX-Jun `/10 gm 21178.0 21234.0 21123.0 21166.0 21162.0 4.0
COMEX- Jun $ / Tr oz 1458.2 1463.7 1452.5 1458.5 1452.5 6.0
Silver
E-Silver `/100 gm 5864.9 5901.3 5839.1 5856.0 5840.2 15.8
MCX-May `/kg. 57645.0 58140.0 57513.0 57708.0 57527.0 181.0
COMEX -May
Cents / Tr oz
3931.5 3978.5 3912.0 3938.7 3918.3 20.4
3/28/20113/29/20113/30/20113/31/20114/1/20114/4/20114/5/20114/6/2011
E-Gold 20106.1715425.7115541.2211811.957619.3510644.0612883.2419870.88
E-Silver 32295.8431071.4228743.9531918.9935631.9130476.1733406.7134906.38
0
5000
10000
15000
20000
25000
30000
35000
40000Daily turnover of e-Gold and e-Silver (Rs Lakh)
E-Series Return since last week %
Return Since Last Month %
Return since last Quarter %
Return since Launch%
Annualized Return %
E-Gold 2.06 1.44 4.07 26.25 24.89
E-Silver 3.46 11.92 30.13 110.19 114.92
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National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
4) Cost of Purchase (Reference Place Mumbai):
Particular E-GOLD E-SILVER
Min. Delivery Unit 1 gram (1 Unit) E-Gold Demat Receipt
100 gram ( 1 Unit) of E-Silver Demat Receipt
No. of Unit 1 1 Purchase rate 2147.3 5856.0
Transaction Cost( ` 10 per lakhs)* 0.21 0.59 Brokerage @ ` 0.25% of purchase rate ** 5.37 14.64
Stamp Duty @ ` 1/- per ` 1 Lakh of transaction # 0.02 0.06
Service tax @ 10.30% 0.55 1.51
Total Cost on purchase (` per unit) 6.16 16.79 *charges are tentative and might be subjected to change. ** Brokerage charges might vary from broker to broker
# Applicability of Stamp duty varies from state to state.
5) Making / Packing Charges
Gold 8 gm 10 gm 100 gm 1 Kg
Conversion Charges (per coin / bar) ` 200 ` 200 ` 100 Nil
Silver 100 gm 1 Kg 5 Kg
Conversion Charges ( bar) ` 100 ` 200 ` 200
6) Price comparison of Gold Coin from various sources:
Particulars E-Gold
HDFC Bank* State Bank of India
Jeweller* (Tanishq) Delivery
No. of Unit (Gram) 10 10 10 10 Base Price `/gram( Previous close) 2147.30 2488.00 2286.00 2475.00 Premium for 999 purity** 8.60 0.00 0.00 0.00 Price for 999 fineness `/10 gram coin 21558.98 24880.00 22860.00 24750.00 Brokerage @ ` 0.25% of purchase rate (`/Unit) 5.37 0 0 0 Total Brokerage (`/10 gram) 53.68 0 0 0 Service [email protected] % on brokerage 5.53 0 0 0 Delivery Charge (`/10 gram) 200.00 0.00 0.00 0.00 Coin Making Charge (`/10 gram) 200.00 0.00 0.00 0.00 Storage Charge ( `) 0.000 0.000 0.000 0.000 Vat Tax (1%) 215.59 248.80 228.60 247.50 Total Overheads (`/10 gram) 674.80 248.80 228.60 247.50
Net Cost of 10 grams coin of 999 fineness ( `) 22,233.78 25,128.80 23,088.60 24,997.50
Price difference E-GOLD Coin Vs others ( `) 2895.02 854.82 2763.72
*Price quoted is inclusive of VAT ** NSEL E-GOLD is quoted for 995 purity
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National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
7) Address of the delivery centers: Sr. no
Location Address of the delivery centers
1 KOLKATA Brinks Arya India (P) Ltd.
Address: 18/39, Ground Floor, Ballygung Place (East), Kolkata – 700019.
Contact Person: Mr. Atanu Banerjee / Mr. S.K Ghosh
Contact No: 033 - 2460 0145
Mobile No: 93309 12737 / 93397 32 967
Email: [email protected]
2 CHENNAI Brinks Arya India (P) Ltd.
Address: 81, Sahridya, Dr. Rangachari Road, Mylapore, Chennai–600004.
Contact Person: Mr. Naggappan/Col. Pratap Pawar
Contact No: 044 - 2499 3203/ 2499 1143
Mobile No: 93807 06116
Email: [email protected]
3 HYDERABAD Brinks Arya India (P) Ltd.
Address: Manorama, H. No. 1-10-98/30, Dwarkadas Colony,
Mayuri Marg, Begumpet, Hyderabad – 500 016
Contact person: Lt.Col.S.R.Das /Mr.D.Parmeshwaran
Contact no: 040 - 6638 3861/ 6638 3860
Mobile No: 93466 97071
Email: [email protected]
4 JAIPUR Brinks Arya India (P) Ltd.
Address: D-43, Shiv Marg , Mudrampura Civil lines,Jaipur -302006
Contact person: Lt. Col. K. C. Kunjwal / Mr. Kamlesh Sharma
Contact no: 0141- 2223 133
Mobile No: 93144 01570/ 98290 10069
Email: [email protected]
5 MUMBAI Name: Brinks Arya India (P) Ltd.
Address: Diamond Plaza, G-9, Ground Floor,Dr. D.B.Marg,
Lamington Road, Mumbai - 400004
Contact person: Mr. Ravi G Som / Mr. Avinash RShetty
Contact no: 022 - 6658 0400/ 6658 0457 / 58 / 59
Mobile No: 93245 11794 / 93224 08031
Email: [email protected]
6 AHMEDABAD Brinks Arya India (P) Ltd.
Address: 1, Kailash Society, Bhagwan Nagar no Tekro, Mahalaxmi,Panch Rasta, Paldi, Ahmedabad – 380 006
Contact person: Mr. S. K. Menon / Mr. Ramsingar Oza
Contact no: 079- 2664 0138 / 2663 0529
Mobile No. – 93270 16360 / 93270 17103
Email: [email protected]
7 DELHI Name: Brinks Arya India Pvt. Ltd.
Address: C-18, Community Centre, Janakpuri, New Delhi -110058
Contact person: Mr. Omender Sharma
Contact no: Fax No. 011 - 2554 1210
Mobile No. - 093138 88909 / 011 - 2551 4597
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National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
8) Returns since launch E-Gold vs. Gold ETFs:
NSEL E-GOLD* GOLDBEES ETF SBIGETS ETF
Mar 17, 2010 (Launch Date*) (`/Unit) 1700.80 1648.40 1680.00
Apr 06, 2011 (Previous Close) (`/Unit) 2147.30 2045.35 2079.50 Profit in `/Unit 446.50 396.95 399.50 Return % 26.25 24.08 23.78
9) Product Features:
E-Series Product details
Contract Symbol E-GOLD *; E-SILVER *
Trading period Mondays through Fridays (except Exchange specified holidays)
Trading session 10:00 AM to 11:30 PM
Trading unit 1 unit of E-GOLD, equivalent to 1 gram of Gold 1 Unit of E-Silver, equivalent to 100 g of Silver
Settlement Cycle T + 2
Delivery Centers Mumbai, Delhi, Ahmedabad, Jaipur, Kolkatta, Hyderabad, Chennai
Delivery Logic Compulsory delivery. All open positions (buy and Sell trades) must result into compulsory delivery in demat form on the designated delivery day.
*(For detail contract specification click on Contract Symbol)
10) Taxation liability on E-Series:
Page 6
National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
11) E-Gold: Volume and Price Chart:
12) E-Silver: Volume and Price Chart:
Page 7
National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
13) Comparison of investment in E-Gold through different sources:
Parameter NSEL E-Gold Gold ETF Bank (bars / coins)
Jeweller
Purchase & Sale Dematerialized Form
Dematerialized Form
Physical Form Physical Form
Pricing Linked to Indian
Gold Prices
Linked to
international gold
prices
May differ from
bank to bank
May differ from
jeweller to jeweller
Impurity Risk Cannot exist - May exist May exist
Annual Recurring
Expenses (Storage,
Insurance and AMC)
NIL 1.0-2.25 % High High
Market Timing 10 AM - 11.30 PM 9 AM - 3.30 PM 10 AM - 5 PM 10 AM - 7 PM
Security of Asset Taken care of by
Exchange
Taken care of by
Fund house
Investor
Responsible
Investor
Responsible
Resale
At Transparent
secondary market
prices
At Transparent
secondary market
prices
May not be
Possible At Deep Discount
Convenience of
buying, storage and
selling
High - Totally
Demat
High - Totally
Demat
Low-As physical
movement &
transfer involved
Low-As physical
movement &
transfer involved
14) ETF Performance – A Comparison of Benchmark MCX Gold Price vs. Gold Bees ETFs price:
9
-4
93
5
-1
2
-1
3
-8-3
713
63 1 3
15
-22-22-16
-19-19-24-23
-11-15-13-11-10-10
-17-17-18-21
-25-23
-31
-38-33
-29
-36-38
-47-45
-55-56
-66
-57
-75
-65
-55
-45
-35
-25
-15
-5
5
15
800
1000
1200
1400
1600
1800
2000
Mar
-07
Ap
r-0
7M
ay-0
7Ju
n-0
7Ju
l-0
7A
ug-
07
Sep
-07
Oct
-07
No
v-0
7D
ec-0
7Ja
n-0
8Fe
b-0
8M
ar-0
8A
pr-
08
May
-08
Jun
-08
Jul-
08
Au
g-0
8Se
p-0
8O
ct-0
8N
ov-
08
Dec
-08
Jan
-09
Feb
-09
Mar
-09
Ap
r-0
9M
ay-0
9Ju
n-0
9Ju
l-0
9A
ug-
09
Sep
-09
Oct
-09
No
v-0
9D
ec-0
9Ja
n-1
0Fe
b-1
0M
ar-1
0A
pr-
10
May
-10
Jun
-10
Jul-
10
Au
g-1
0Se
p-1
0O
ct-1
0N
ov-
10
Dec
-10
Jan
-11
Feb
-11
Mar
-11
Difference GOLD BEES 1 gram MCX 1 gram
Page 8
National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
15) Empanelled Depository Participants:
Sr. No Depository Participants NSDL CDSL
1 Abhipra Capital Limited Limited
NSDL CDSL
2 Acumen Capital Market (India) limited
NSDL -
3 Aditya Birla Money limited. NSDL CDSL
4 Ahmedabad Stock Exchange
- CDSL
5 Alankit Assignments ltd NSDL CDSL
6 Anagram Stock Broking limited NSDL -
7 Anand Rathi Shares& Stocks brokers ltd NSDL CDSL
8 Arihant Capital Markets limited NSDL CDSL
9 Ashika Stock Broking ltd NSDL CDSL
10 ASE Capital Market limited limited
NSDL -
11 Bonanza Portfolio limited NSDL CDSL
12 DB (International) Stock Brokers ltd Brokers ltd (International)Stock Brokers ltd
- CDSL
13 Dalmia Securities Private Limited NSDL CDSL
14 Dynamic Equities Pvt ltd NSDL CDSL
15 Eastern Financiers ltd
NSDL
16 Emkay Global Financial services limited - CDSL
17 Eureka Stocks & shares Broking services ltd NSDL CDSL
18 Farsight Securities ltd NSDL CDSL
19 Fairwealth Securities limited - CDSL
20 Fort Broking Services - CDSL
21 Geojit BNP Paribas Financial Services ltd NSDL CDSL
22 Globe capital Market limited NSDL CDSL
23 Goldmine Stocks Pvt. Ltd. NSDL CDSL
24 Gogia Capital Services Ltd. NSDL CDSL
25 GRD Saecurities Ltd. NSDL CDSL
26 Guiness Securities ltd NSDL CDSL
27 Hedge Equity ltd
- CDSL
28 Hem Securities ltd - CDSL
29 Hindustan Tradecom Pvt. limited Pvt. limited
- CDSL
30 HTS Securities limited - CDSL
31 IFCI Financial Services limited NSDL CDSL
32 India Infoline limited NSDL CDSL
33 Indus ind Bank NSDL CDSL
34 Joindre Capital Services Ltd. - CDSL
35 Karvy Stock Broking limited NSDL CDSL
36 Kunvarji Finstock pvt limited - CDSL
37 L.F.C Securities ltd. - CDSL
38 Lalkar Securities Pvt. ltd - CDSL
39 LSE Securities limited. NSDL CDSL
40 M/s. IL & FS Securities Services Limited NSDL CDSL
41 Marwadi Shares and Finance limited NSDL CDSL
Page 9
National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
42 Master Capital Services limited NSDL CDSL
43 Microsec Capital limited. NSDL CDSL
44 Monarch Project & Finmarkets ltd NSDL -
45 Motisons Shares Pvt ltd ltd
CDSL
46 Nirmal Bang Securities Pvt. Ltd NSDL CDSL
47 PCS Securities limited - CDSL
48 Religare Securities Limited NSDL CDSL
49 R.K. Stockholding (P) Ltd. - CDSL
50 RR Equity Brokers Pvt. Ltd - CDSL
51 SIC Stocks & Services Pvt. Ltd. - CDSL
52 Sharewealth Securities limited - CDSL
53 Shah Investors Home Limited NSDL CDSL
54 M/s. Sharekhan Limited
NSDL CDSL
55 Shree Bahubali International limited NSDL -
56 SMC Global Securities Ltd. NSDL CDSL
57 South Gujarat Shares & sharebrokers limited NSDL -
58 SPFL Securities limited NSDL CDSL
59 SSD Securities Limited NSDL CDSL
60 Stock Holding Corporation of India ltd NSDL CDSL
61 Sunidhi Securities & Finance ltd - CDSL
62 Vogue Commercial Co ltd
NSDL CDSL
63 Zuari Investments limited NSDL CDSL
16) For further details contact:
Place Contact Person Contact No.
Mumbai Mr. Arpan Jain 099302 67952
Mumbai Mr. Amit mukherjee 099302 67951
Ahmedabad Mr. Ashok Kawalsot 097250 50460
Rajkot Mr. kedar Sirohi 09913271759
Jaipur Mr. Ved Bhusan Sharma 09829016547
Delhi Mr. Rakesh Tiwari 09810365002
Delhi Mr. Sudhanshu Pandey 09711811569
Delhi Mr.Prashant Srivastava 09654125101
Delhi Mr.Ravi Shankar 09810052482
Chennai Mr. Pawan Kumar Betala 091766 79887
Chennai Mr. V. Jagdeesan
09176665905
Patna Mr Abhay Kumar 09308508604
Bangalore Mr. Vishwanath K. 096633 09807
Kolkata Mr. Sunil Dholakia 090514 98813
Hyderabad Mr. Amarender Reddy 096427 64242
Hyderabad Mr. Amjad Ali 09642778692
Cochin Mr. Sathish Francies 09446551961
Indore Mr. Om Prakash Agarwal 098931 34145
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National Spot Exchange Ltd.
102 A, landmark, Suren road, Chalaka, Andheri (E), Mumbai 400 093, India
Email: [email protected] Website: www.nationalspotexchange.com
Disclaimer: The report prepared contains information collected from various sources believed to be reliable. However NSEL does not
guarantee its accuracy and completeness. It is solely meant for information dissemination and knowledge sharing. Neither NSEL nor
its employees accept any liability, whatsoever, for any trading decision and loss incurred from the use of this publication. NSEL or
any of its affiliates makes no warranties as to the accuracy of information or results to be obtained from its use.
