Monday, 22 August 2011

Invest in Gold


Invest in Gold

The gold in recent times has been the most popular investment option. The increase in demand of gold by Indian and Chinese central banks and the increase in demand are likely to hike the gold prices. The Indian bank on its own is purchasing over 200 tons of gold per annum. Now is the time to invest in gold.

At the time of writing the gold price has increased by 196% in the last 5 years and 40% in the last year alone.The trend over the last 20 years shows the gold price increase.



Image Source: goldprice.org

A recent report by Lloyds TSB has outlined that gold has given better returns to investors than any UK shares and commodities over the last 10 years.   

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