Gold Prices Correcting From Record Highs Of Rs. 40000/10gms: This Can Be Your Strategy
Gold has been lacklustre in terms of return for the past several years and the last time it provided returns was after the Lehman Brother crisis that rocked global financial markets in the year 2008. It is in such times when gold demand gathers momentum as its safe haven appeal increases and investors take its shelter for warding off different other risks (the technique referred as hedging in the investment world).
And now yet again in the wake of geo-political tensions with the onset of US-China trade dispute which started almost one and a half year ago coupled with global slowdown crisis, gold has again shone.