Tuesday, April 16, 2013

Go For Gold

The gold is falling.
Cyprus has pledged gold. China economy is slowing. US is planning subsidy reduction. Some banks have reduced value of banks. All these have made gold unattractive.
But in India the demand for gold keeps increasing. Because of two reasons. Population and greed for more. Gold was always felt to be the most stable. And investment in gold is most welcome.
How to buy gold during these times. The best option is to buy in installments. Buy one lot now. Buy another one later. Why? Because gold price may vary. May increase or fall. So, it is safer that one buys gold in installments.
After all, safety is what Indian life is all about.

2 comments:

  1. I have always wanted to know this - People think that gold is a good investment option. But where do they sell it? They can exchange it or they can pawn it, both of which don't look like attractive investment reaping for me. Are there any places where we can go and sell gold at current prices?

    Destination Infinity

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  2. Frankly, I do not know.
    Thanks, Destination Infinity.

    ReplyDelete