I believe while there are shady brokers, there are also decent brokers. And Drolph is right about the Bid/Ask price thing. It's called spread. I am shocked that there are traders who do not know about this..
{quote} No brother.. I know there is always huge demand of gold in India during such festivals but international gold rates never depend on that. There is no connection at all.
Ignored
Agreed. The demand for gold by India is just a fraction of the overall trading volume.
Smashed by resistances like nothing yesterday..but I believe that there will be profit-takers and with futures pointing towards recovery in equities, I think Gold will settle around 1210 today. However, if I am short, I would remain as I believe the trend might have changed to bullish.