Earn money by Gold

Great idea fantabulus my brother was also telling me if I have money then I should purchase gold because gold price will increase till Diwali but I have no money 30000 is much more. If you want to invest money in gold then purchase gold biscuit dont purchase ring or necklace etc.

Gold is the good commodity that has given substantial returns in the recent time. If you want to buy gold for only investment purpose you should buy gold in electronic format . Here you will get the option of cashing out your profit any time.

Wow i had no idea that it was going to go up so high. I bet the demand for it is going crazy as with the value of it. I know that it would have been great to buy gold a couple of years ago because you could make huge money now from the sale of it and the demand is still growing strong. I think it is a safer way to secure your money or investing. With the share market as shaky as ever i think gold will always be a very valuable material and never be worthless as some investments turn out to be.

Buying gold has already been regarded as a good way to fight inflation for a long time. It seems that inflation will still be a serious worldwide problem in the next few years, so the price of gold may rise to a higher level. But there still exists some risk of buying gold. If we look back to the history, we could find that the price of gold reached about 800 USD per ounce in the early 1980s but fell to about 200 USD per ounce in the late 1990s. If a new scientific and technological revolution appears in the next few years which leads to the rapid growth of world economy, I'm afraid the price of gold will face the inflection point.

For investors who have money to invest in gold it is a a profitable investment. Gold has a solid value when everything else is going its own way on the market. Happy mylotting!