I was always in favour of the opinion that gold will go up.
If you'll have read my previous articles, you'll must have noticed that there has always been a mention of gold.
This yellow metal is a low risk investment and the returns are certain over long term.
Below is the detailed chart:
From the above chart we can be assured that gold can be bought for reasonable returns on long term basis.
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Gold has always been a steady mover and inspite of the missile launch by North Korea, the yellow metal did not shoot up in a hurry. It has shown a steady uptrend.
I had mentioned in my earlier articles when gold was around $1290 and is currently trading at $1326.
A rise of $36 is seen in just few days.
In these uncertain times in the World, gold is the best hedge against inflation, political uncertainity and geopolitical tensions. Hence, I am in favour of the opinion that gold should and must be in every investors' portfolio.
The yellow metal can be bought in coins and gold shares with confidence.
My view is that this commodity will certainly benefit in the next financial crisis.
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