Basic terms to know before buying gold

Trivia | Fun Facts 06 Jul 2017

Here is what you must know about karats, weighing units, and colours before you buy gold in any form- be it bars, coins, or jewellery.

Gold Glossary

OTC (Over the counter)

An over-the-counter (OTC) market is a decentralised market which does not have a specific central physical location. In this market, both the buyers and sellers act as market makers independently and quote prices at which they will buy and sell an asset. This trading is done without any exchange supervising the transactions.

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