Blog

Blog

Blog

Welcome to the Blog section of Jindal Bullion Limited. Here you can find industry insights, reviews, and opinions from our writers who provide their perspectives about Gold and Silver Industry in general. We hope that you find this information helpful.

Use of Vernier Caliper in Gold Industry

What is a Caliper?

A caliper in general is a device used to measure the distance between two opposite sides of an object. There are various types of calipers available in the market mainly: Dial Calipers, Vernier Calipers, and Digital or Electronic Calipers etc.

For the purpose of this blog we are going to concentrate on the Vernier Calipers only as they are the ones that are used in the Gold and Silver bullion industry.

Calculating Silver Rate for International Markets

In this blog we will focus on how the rate for Silver is computed for the international market. Besides the market forces and other external forces that determine the price of Silver and for any other commodity for that matter, there is actually a procedure in place to determine the price of Silver for The International Market.

Calculating Gold Rate for International Markets

Before I was a part of the Bullion Industry, I had always wondered how the price of Gold is actually calculated. I would always assume like any other common man that the price of Gold would most likely be the result of the economic forces of Demand and Supply. True they do play a part as price determinants but they are not the only factors. Besides the market forces and other external forces that determine the price of Gold and for any other commodity for that matter, there is actually a procedure in place to determine the price of Gold for The International Market. Today we will take a look at the procedure to better understand the process.