It is a metal but who cares about it? The truth is that everyone
does because it is not just any other metal. It is a precious metal. It is not
alone, but a dear favorite of one and all. There are those multitudes of men
and women who love to wear it on them not just on festive occasions but on an
all time basis. And something amazing about this precious darling is that, it
has found a sparkling and a very meaningful place even in the world of words
and literature. I think I have kept you in the dark for long enough. Well, I am
sure you have read and many a times even used the phrase, all that glitters is
not gold! Yes, I have been talking about gold all this while, it was not so
much of a riddle, was it!
One of the biggest advantages that gold has enjoyed since the
system of weight has been made is that, it is measured on the basis of per
ounce. Whereas, silver, iron, brass, and every other metal (with exception of
platinum as well), are weighed on a per kilogram basis. Gold has statistically
affected the economic decisions of not just individual households but also, of
nations. For instance, India bought a lot of gold a while back and the finance watchers
at once declared that the nation wishes to give a message of its growing power
and financial intellect to the world. I too second team, and the reason behind
this analysis needs to be explained a little. The gulf nations have been able
to boast of their influence so far because of the abundance of liquid gold
i.e., petrol so a country which can efficiently buy a huge mass of gold all at
once can also speak aloud of its intentions if not boast.
Gold and the market: the people might feel that gold has always
received its huge share of attention for the stock purchases but it is not so.
Gold at one point was claimed to have a near stagnant status, even the big wigs
in the future reader of the markets could never think of gold to be exceeding its
price limits more a certain percentage. But lo and behold! Come the year 2011
and gold jumped not once but twice high and became double the price. The market
strongly believes in the economic equations of demand and supply. The people
who had intelligently amassed a sizeable amount of gold could smile and look
down upon those who could only repent and find contention in buying smaller
shares. But the precious gold has seen a 6.7% fall recently and its strong
contender silver, is refusing to slow down at any cost.
The metal is expected to fall further and if such a chance is hard,
people can buy it to content but should not be hopeful of its loss, I think
gold capable enough of bouncing back to power anytime. The metal has entered
the market in such a way that now most of the speculations are knitted around
it and its price fluctuations can affect economy in an adverse or advantageous
condition. But yes, I would strongly suggest people to bask in the glory of the
sunny gold, it is an investment which I think will rarely ever make the
investor suffer. So wish every reader a golden time. Bullionbay.com provide best opportunities for getting gold with current market price.
To earn optimum returns on investment always try and keep yourself well updated with the market movements. To learn rich market insights through daily reports contact epic research.
ReplyDelete