Gold buying and selling for investment?
Tilak asked:
Wht is the best way to invest in gold on monthly basis
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on Wednesday, April 22nd, 2009 at 12:00 am and is filed under Investing.
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Wht is the best way to invest in gold on monthly basis
April 24th, 2009 at 5:39 am
it is not a good time to buy gold because the dollar is weak
(ie you will get less gold)
April 24th, 2009 at 10:09 am
bad time to buy, wait till it drops in a few years. Its on a high right now.
April 26th, 2009 at 7:10 pm
Gold firmed up to $895 levels (21 Daily EMA) as investors remained put in yellow metal as a safe heaven due to weak global cues. Immediate upside could be restricted around $903 cluster resistance where shorts for intraday $10 could be considered. (Gold: $885.00)
April 29th, 2009 at 9:21 pm
You can always buy Gold through shares GLD on brokerage platform. Wait for the Gold price to retrace back to 850 and do Dollar cost averaging since you have monthly plans in mind. It is a safer way of investing.