Q.
What is gold investment and its benefits
Asked by kamini joshi,
14 Feb 10:18 pm
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Answers (1)
1.
Gold investment is a long-term investment scheme involving low risks. People willing to invest in gold have a natural advantage because the demand for gold is much more than its actual supply. The price of gold is generally in a continual rise. However, investors should not invest all their funds in one kind of gold investment.
The gold industry is huge and has many facets, and a savvy investor can exploit this. Money can be invested directly in gold mines, for example, which can be more lucrative than investing in physical gold.
Benefits of gold investment:
Gold is a popular form of saving
Gold is indestructible
Gold is a major requirement in the jewelry industry
The malleability and ductility of gold make it very useful ...more
Answered by Play Boy, 14 Feb 10:20 pm
The gold industry is huge and has many facets, and a savvy investor can exploit this. Money can be invested directly in gold mines, for example, which can be more lucrative than investing in physical gold.
Benefits of gold investment:
Gold is a popular form of saving
Gold is indestructible
Gold is a major requirement in the jewelry industry
The malleability and ductility of gold make it very useful ...more
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