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Thursday, October 31, 2013

What to do in Gold??


Gold is assumed to be most secured asset and it also proves it with return Gold given in Past years. There isn't any year in last 10 years when Gold falls. Gold is Trading at 30000/- Per 10 grams and provide handsome gains every year and also Indians are Just crazy for Gold and rising price still doesn't deter them as gold always given good return. In my Personal experience i bought Gold 5 year ago in 2008 at 12000/- and now is at 30000/-what else needed in 5 years. Gold had given 10% in 2012. In India now there is ban on Import of Gold Coins , Medallions also import duty is hiked from 8% to 10% three times this year as India is world largest importer of Gold, due to high Gold Import Current account deficit has been widened. Now due to ban Gold prices will remain High also US Fed announcement to Not to roll back QE3 support bullion. So don't worry buy Gold this Diwali and will get good return this year also

What to do in Gold??


Gold is assumed to be most secured asset and it also proves it with return Gold given in Past years. There isn't any year in last 10 years when Gold falls. Gold is Trading at 30000/- Per 10 grams and provide handsome gains every year and also Indians are Just crazy for Gold and rising price still doesn't deter them as gold always given good return. In my Personal experience i bought Gold 5 year ago in 2008 at 12000/- and now is at 30000/-what else needed in 5 years. Gold had given 10% in 2012. In India now there is ban on Import of Gold Coins , Medallions also import duty is hiked from 8% to 10% three times this year as India is world largest importer of Gold, due to high Gold Import Current account deficit has been widened. Now due to ban Gold prices will remain High also US Fed announcement to Not to roll back QE3 support bullion. So don't worry buy Gold this Diwali and will get good return this year also