Gold Trader

Year    Mumbai, Maharashtra, India

Job Description


A commodities trader specializing in gold is responsible for buying and selling gold on behalf of clients or the trading firm. This person must have a deep understanding of the gold market, including factors that can affect the price of gold and the potential risks and rewards of trading in this commodity. The specific roles and responsibilities of a commodities trader specializing in gold may include: ROLE & RESPONSIBILITIES \xef\x82\xb7 Monitoring global economic and political events that can affect the price of gold, and using this information to make informed trading decisions. \xef\x82\xb7 Developing and implementing trading strategies that take into account market trends, client preferences, and the firm\'s overall trading goals. \xef\x82\xb7 Buying and selling gold on behalf of clients or the firm, using a variety of trading platforms and tools, including electronic trading systems, futures exchanges, and over-the-counter markets. \xef\x82\xb7 Managing the risks associated with gold trading, including monitoring positions to ensure that they are within acceptable risk limits, and using risk management tools and techniques to mitigate potential losses. \xef\x82\xb7 Communicating with clients to understand their investment objectives and provide advice on potential trading opportunities and strategies. \xef\x82\xb7 Maintaining accurate records of all trades, including details of transactions, positions, and risk management measures. \xef\x82\xb7 Staying up-to-date with developments in the gold market and the broader commodities industry, including new regulations and trading technologies. \xef\x82\xb7 Collaborating with other members of the trading team to share ideas and strategies, and to ensure the smooth and efficient operation of the trading desk. REQUIREMENTS \xef\x82\xb7 A strong understanding of the gold market, including factors that can affect the price of gold and the potential risks and rewards of trading in this commodity. \xef\x82\xb7 Experience in the commodities industry, including knowledge of trading platforms, instruments, and regulations. \xef\x82\xb7 Excellent analytical and problem-solving skills, with the ability to quickly identify and respond to changes in the market. \xef\x82\xb7 Strong communication and interpersonal skills, with the ability to effectively communicate with clients and colleagues. \xef\x82\xb7 The ability to work well under pressure and manage multiple tasks and responsibilities at the same time. \xef\x82\xb7 A bachelor\'s or master\'s degree in a related field, such as finance, economics, or business. \xef\x82\xb7 Relevant certifications, such as the Chartered Financial Analyst (CFA) or the Financial Risk Manager (FRM) designations, may be advantageous. \xef\x82\xb7 Fluency in English and any other relevant languages, depending on the geographical areas in which the trader will be operating. Job Type: Full-time Salary: Up to 50,000.00 per month Schedule:

  • Day shift
Ability to commute/relocate:
  • Mumbai, Maharashtra: Reliably commute or planning to relocate before starting work (Required)
Experience:
  • total work: 3 years (Required)
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Job Detail

  • Job Id
    JD2993952
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Mumbai, Maharashtra, India
  • Education
    Not mentioned
  • Experience
    Year