Hi, i am looking to earn a great value for money for myself. I have my saving and willing to make it double is there any way i could go it through gold and silver.
Hi, i am looking to earn a great value for money for myself. I have my saving and willing to make it double is there any way i could go it through gold and silver.
you can start trading in gold and silver at mcx . I hope you already understand the risk
Investing directly in commodities, such as gold or oil, tends to be more difficult for investors than investing in stocks and bonds. A major reason for this is that stocks and bonds are readily transferable and easily accessible to the average investor. Traditionally, commodities have been more difficult to invest in due to the complex way in which they trade through the futures and options markets. In other words, an investor can't just buy a barrel of oil.
As below news you can predict and make a good decision about trading in gold
Gold futures plunged another 2.6% Thursday as strong retail sales data stoked speculation the Federal Reserve could move to taper its $85 billion-per-month asset-buying program at its policy meeting next week.
Tapering talk, as it has for all of this year, punished gold and the exchange traded funds that are backed by physical holdings of bullion. The 2.6% drop for gold futures for February delivery was the largest drop for the most active contract since Oct. 1
You need to concern with an advisory, they will guide you properly for trade and with them you can earn profit but most imp thing is to choose right advisory.
Yes it is possible to earn good returns by investing in precious metals like gold and silver. However traders must not follow false trading practices in lust of earning quick returns.