Gold: Best investment or a bursting bubble?

manishsinghon

Par 100 posts (V.I.P)
Hi everyone,

Gold- A metal which all of us love. Even though we are fond of gold, not all of us can afford gold. Gold is apparently the most convenient type of investment. Even though the price of gold is always rising, there is a constant fear that someday this bubble might burst. We all invest with the hopes of gaining profit when we intend to sell the bought asset.

Even though Gold could be considered as a valuable asset, many of us have this notion that we have to invest a lot to get a small measure of gold. Whether an investment is best or not totally depends on our resources.

If we have ample of money, substantial amount of investment in gold could be considered practical.

Please share your views…
 
I think is the best investment for Indian peoples because it safe investment and we can say that its value will increase and cover a long distance with the growing demands of it India. India is nation of lots of culture and traditions where Gold is purchased at many occasions like wedding and many more.
 
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