Gold investment worldwide has grown dramatically, as gold is the proven, quality, long term wealth. In begin the early buyers were buying gold purely to protect their wealth and still the trend is similar. Gold is the ultimate safe haven against money and great way, if not the best way, of ensuring wealth preservation and for passing wealth from one generation to the next. Gold is money so physical gold should be treated as part of a properly diversified portfolio. More and more peoples are investing in gold such as mining stocks and mutual funds. An overall increase in gold is seen these days.
Gold is a universal finite currency, held by every central bank of note in the world and central banks become net buyers of gold in 2009 for the first time since 1988. The Central Bank of India purchase of 200 tones of gold from the IMF in October 2009 and a further 200 tones is being acquired is the biggest single central bank purchase in such a short period of time at least known to the markets for at least 30 years.
Gold is the most popular as an investment. This appeal remains compelling for modern investors, although there are also a number of other reasons that under pin the widespread renewal of investor interest in gold. Investors generally buy gold as a hedge or safe haven against any economic, political, social and currency risk. This including investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest. Empires and nations have sought to possess gold as a medium of international exchange, as a store of wealth and in order to increase and preserve power.
Gold investments are high because of low interest rates and falling of real estate asset price. Due to uncertain times and volatile situation investors seek to protect their capital. A certain gain in gold investment can be seen through out the world. Similarly gold has attracted investors throughout the centuries, protecting their wealth and providing a ‘safe haven’ in troubled or uncertain times. Gold is handful financial assets and individuals have used gold as a store of wealth and as insurance against the fluctuations and depreciation of paper money and to protect against other macroeconomic and geopolitical risks.
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