OP Chains Bullion

OP Chains Bullion

It is the largest & major trading company of Agra which has been started in year 2000. OPC Bullion aims at improving its position further by achieving sustainable and viable growth rate through excellence in all its activities. With an unmatched heritage of over a decade in handling bullion trade, the OP Chains Group understands the trust of the people who have placed on it. Our unparalleled insights into the intricacies of bullion trade are a result of years of hands-on experience in the field. Combining this exceptional knowledge with foresightedness, we offer our clients maximum value for money.

Introduction

M/s.OP CHAINS GROUP is among one of the leading Bullion Dealers in the country who was incorporated in 2000, promoted by Mr. O. P. Agarwal. The Company’s operations are manufacturing and wholesale trading of plain gold jewellery, diamond studded jewellery, gold and silver coins, medallions, bullion bars and precious stones, supplying, merchandising and trading in bullions and commodities. O.P.CHAINS GROUP conducts its business on sound and straightforward business principles, with the motto “BUILDING UNITY”.

OP CHAINS GROUP started with a very humble beginning about 15 years ago. Today OPC GROUP has grown manifold in terms of turnover, profitability and is also widely spread geographically; it has become multi-activity, multi-location organization .

OPC has been associated with all leading Spot and Futures Exchanges in India and is an authorized participant as well as market maker for all major Gold ETF’s in India. It holds memberships to all major commodity exchanges in the country.

Today OPC has become one of the biggest suppliers of Bullion in various centers with in India. It has also played promoting & supporting role in newly launched Pan India platform for trading, supplying and setting up as price setter for Indian Bullion Market Association supported by more than 15 Bullion organizations all over India.

OPC Bullions is also actively involved in various Industry forums such as The Bombay Bullion Association (BBA), India Bullion Market Association (IBMA) etc to promote and represent the Bullion Industry on various issues.

Gold Industry Of India

India is the largest consumer of gold in the world to be followed by China and Japan. India is emerging as world’s largest trading centre of this commodity .

As in the other countries, Indian Gold investment is benefiting from securitization and the growth in the exchange-traded funds, first introduced in 2007 Gold ETF’s with physical gold held on behalf of investors. The Indian gems and jewellery sector is expected to grow at a compound annual growth rate (CAGR) of around 13 per cent.

According to initial estimates by the Bombay Bullion Association (BBA), imports of gold by India are steady and strong.Strong jewellery sales and consumer investment demand for gold are the main drivers for the surge in gold imports.

Demand and Supply Scenario

Strong growth in jewellery demand; The revival of the Indian market; Strong momentum in Chinese gold demand and A paradigm shift in the official sector, where central banks became net purchasers of gold for the
first time in last few years back only.

Factors Influencing the Market

Above ground supply of gold from central bank’s sale, reclaimed scrap, and official gold loans. Hedging interest of producers/miners. World macroeconomic factors such as the US Dollar and interest rate, and economic events.

Commodity-specific events such as the construction of new production facilities or processes, unexpected mine or plant closures, or industry restructuring, all affect metal prices.
In India, gold demand is also determined to a large extent by its price level and volatility.

Silver Industry Of India

India’s silver demand averages 3500 tonnes per year. Nearly 60% of India’s silver demand comes from farmers and rural India, who store their savings in silver bangles and coins.

Factors Influencing the Market

Economic events such as national industrial growth, global financial crisis, recession, and inflation affect metal prices.

Commodity-specific events such as the construction of new production facilities or processes, unexpected mine or plant closures, or industry restructuring, all affect metal prices.

Governments set trade policy (implementation or suspension of taxes, penalties, and quotas) that affect supply by regulating (restricting or encouraging) material flow.
Geopolitical events involving governments or economic paradigms and armed conflict can cause major changes

A faster growth in demand against supply often leads to a drop in stocks with the government and investors.
Silver demand is underpinned by the demand from jewellery and silverware, industrial applications, and overall industrial growth.
In India, the real industrial demand occupies a small share in the total industrial demand of silver. This is in sharp contrast to most developed economies.
In India, silver demand is also determined to a large extent by its price level and volatility.

Contact Details : Chaubeji ka Phatak, kinari Bazar, Agra Ph : 0562-3059119.

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Gold

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Diamond

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OP Chains

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Cold Storage

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OP Chains Power

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OP Chains Bullion