GOLD-SAFER OPTION FOR INVESTMENT IN TIME OF CRISIS (1 viewing) (1) Guest
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TOPIC: GOLD-SAFER OPTION FOR INVESTMENT IN TIME OF CRISIS
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GOLD-SAFER OPTION FOR INVESTMENT IN TIME OF CRISIS 1 Month ago
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In the present time of financial crisis when STOCKS crashed after giving an amazing bull run of 5 years,GOLD has emerged as safer option.
The yellow metal gave the best rewards for the risk taken by you in the last five years, giving not only superior returns but also exposing you to lower risk, an analysis shows. Not even government securities (which carry the lowest risk) managed to match gold's shine when it came to delivering risk-adjusted returns.
So, is it a good time to buy gold? "The peak of gold buying season passed last month, but as an investor one should remember that weddings will continue until mid-January, keeping the demand for the yellow metal alive," a top gold trader based out of from Mumbai said.Talk of further interest rate cut in US is in the air, which could provide further support to gold. Hence, buy at dip will be a good strategy.
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shweta1 (User)
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Re:GOLD-SAFER OPTION FOR INVESTMENT IN TIME OF CRISIS 1 Month ago
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i think gold is the safest option of investment for long terms...it will be giveing gud reteurns.
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