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Q.

What is gold investment and its benefits

Tags: money, entertainment, gold investment
Asked by kamini joshi, 14 Feb '13 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 '13 10:20 pm

 
  
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