Now if you do not want to play directly in the Gold then there are other options available… penny stocks :-)
Here are my favorite picks and stocks that are impacted directly by Gold Price
Flawless Diamonds India Ltd. - BSE Code: 523576 , Last Price: 3.17
Rajesh Exports – BSE Code: 531500 , Last Price: 101.10
Vaibhav Gems Ltd – BSE Code: 532156 , Last Price: 31.05
Golkunda Diamonds and Jewellery Ltd – BSE Code: 523676 , Last Price: 16.85
Out of these 4 stocks, Rajesh & Flawless were down 4% & 1% today while Vaibhav & Golkunda both were up 5% and there were no sellers available in them.