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GOLD Market in Kenya
Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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Gold price has been going up in the international markets.
Do we have an active gold market in Kenya?
If I want to include gold in my local investment portfolio.... is there any place to buy and sell gold?
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Rank: Member Joined: 9/27/2006 Posts: 503
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There's the Barclays EFT on the NSE, you could also try EGM securities - I think you can buy commodities.
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Rank: Veteran Joined: 11/14/2006 Posts: 1,311
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deadpoet wrote:There's the Barclays EFT on the NSE, you could also try EGM securities - I think you can buy commodities. Thanks... I think EGM is a trading platform and due to the leverage and margin call rules it is not convinient for holding gold as an asset there ... correct me if I am wrong.
I have not seen the EFT listed in the daily stock exchange at NSE. Is it actively traded really?
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Rank: Member Joined: 9/27/2006 Posts: 503
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It isn't actively traded probably due to the price, but it is available nonetheless. You'd have to be persistent.
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GOLD Market in Kenya
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