BullionIndia offers gold and silver trading with no demat and no brokerage: What is the catch?
BullionIndia offers a new mode of buying precious metals, apart from existing options of physical purchase, gold ETF, e-gold/e-silver, gold fund-of-funds and futures market. Should you go for it?
BullionIndia.in claims to offer gold and silver trading at wholesale prices. Its features include no brokerage charges for buying and selling as well as no need for a demat account. It allows buying and selling in low denominations of 0.1 gm gold and 1 gm of silver. Physical delivery of your holdings is also a feature with payment of delivery charges. The new service gives you an option other than the existing ones of physical purchase, gold ETF (exchange-traded fund), e-gold/e-silver, gold fund-of-funds (FoF) and futures...
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