Thursday, May 20, 2010

Best time to buy gold

In recent times, I have observed that it is very hard to predict best time for buying gold because gold prices constantly move up. Just one month back, gold prices were at Rs 16500 and today, they are near Rs 18000. According to large numbers of gold experts, gold prices are likely to touch Rs 20000 in near future. Therefore, it is very hard to say when it will be going to be best time for buying gold. It is best to buy gold whenever we have excess money in hand and people can easily buy buy gold bullion from a nearby jeweller or gold seller. Gold prices only increase with time and we can find many examples in history in this regard. Gold is one such precious metal which offers excellent returns to people and they are very less risks associated with gold investments.
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