Is this the right time to invest in Gold?By giving almost 40 percent returns in the last year, gold has prove
Is this the right time to invest in Gold?
By giving almost 40 percent returns in the last year, gold has proved itself as a safe-haven in times of economic and geopolitical uncertainties and touched more than Rs. 55, 000 levels.
But the question arises whether one should invest in gold at these levels or not?
Well, financial experts suggest that for someone who wants to invest in gold at current levels (at this peak), must invest in the long-term horizon.
Gold is an insurance against uncertainties and will continue to do well in such times. So, anytime is a good time to invest in gold.
We expect prices to touch $2350 (MCX: 65, 000) in the coming months.