Not only in India but throughout the world, investment in gold ?has become the first choice of the world gold investors. That is why the investors are more keen in investing in the bullion market rather than stock market especially to invest in the yellow metal is increasing toll. Investors who meet the expected returns of investing in gold has doubled in the past three years. Industry organization is according to a study by ASSOCHAM.
According to the survey reports, whoever has invested from August to September between 2009 had invested their money in gold has now doubled their money. So over the world including India, gold is rising rapidly. On the other hand, this term investor in the equity market decline. Especially the smaller mid - cap stocks investing in retail investors have suffered much.
Three years back, the price of gold used to be around Rs. 15000-20000 which has now grown upto Rs.32,000.In 2009-10, the benchmark stock market index was at Rs.17,711 which is still the same after 3 years which remains more or less the case today. This is because the bank interest rate equal to the stock market investors could not get back the amount.
ASSOCHAM Secretary General DS Rawat said international uncertainty caused by domestic or global investors to invest in gold now looks the safest option. Investing in gold is likely to continue to grow rapidly. In the last financial year, nearly 60 billion dollars in the country was importing gold.
Source: http://gold-silver-tips.blogspot.com/2012/09/gold-investment-tips.html
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