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Commodities Briefing - Categorized | Bullion/Gold, Commentaries more

Gold always a good option, especially in times of uncertainty

Posted on 24 October 2011

Among the various asset classes, gold has probably been the most secured one. Investments in gold have yielded consistent and assured returns, especially in volatile times. Gold has always come out as a trusted pillar to fall back on.
During the recent upheavals in the global markets, including the US downgrading and the Euro zone issues, investors started ploughing money into gold. Consequently the demand for gold went up. Also, as there were no other comparably safe assets to invest in, the price of gold skyrocketed. Gold has been up for 10 years in a row………………………………………Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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