3 Replies
Vivek
(Vivek)
(62 Points)
Replied 21 January 2013
With gold prices touching new highs, you must be regretting for not buying gold when it was “cheaper” 2-3 years ago. You must be thinking – “Should I buy gold now before any further increase in prices?”
Government has hiked the import duty in gold from 4% to 6% to curb import of gold. (ET 21-Jan-2013). Why government wants to restrict import of gold?
In this post, I have tried to discuss these questions and various other aspects related to gold investment.
https://wealth18.com/gold-touching-new-highs-should-you-invest/
Neel Patel
(NA)
(28 Points)
Replied 05 February 2013
If you are a long term investor looking for a secure hedge against market volatility, buying eft gold beats buying gold overall. The price of paper gold is completely transparent. The price of an ETF unit is linked to the price of 1 gram of gold. GOLD is an Exchange Traded Commodity ("ETC") that can be created and redeemed on demand.
--
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 16 February 2013
Stock Market has lead to tendency of many to go in for much safer investments that gives a reasonable return. This is the reason for gold gaining popularity as one of the safest avenues for investment.
https://holisticinvestment.in/gold-etf
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
“Best Performing Financial Advisor Award” Winners from CNBC TV18
Phone: 044-42030722
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