Commodity Market

Posted by | September 19, 2006 | World | No Comments

In what is considered as a welcome move, India has opened its doors to the commododity markets. The Forward Market Commission had recommended to the Ministry of Finance that it allow Foreign Institutional Investors to invest in commodity market like that of Gold, Crude oil and other commodities. Mr. Sundaresan the chief regulator commodity regulator is of the opinion that investments should be welcomed in the commodity market. While the approach much be cautious and gradual. It is also understood that a investment ceiling would soon be levied on the investments in the commodity market. India is one of the most potentially viable market as it has been a major buyer of gold, silver, crude oil and other commodities. Well if a protocol is fixed as far as FII investmnent in the Indian commodity market is concerned, then there can be profitable exchange for all the Markets concerned.

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