In the middle of present economic turbulence, people from all parts of the world need a steady and sure place of investment, which would also provide a consistent return.
Gold being the second rarest precious metal of the world, after platinum, is great for such long term or mid term investors who need a secure but steady return.
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The investment in gold does provide an avenue but its price which has risen to dizzy heights in recent years is also subject to all market risks.It's true unlike shares and stocks it's less volatile and the experts feel that its price may even rise further!
Yes,I agree with you Chinmoy.Some years down the lane, it would be hard to see women wearing jeweleries made of gold.They would accumulate it in form of bonds. :( :(
