Gold is making a buzz right now and rightly so. It’s up 24% in just last 6 months.
But is it a right time to invest and importantly, why is it rallying?
Commodity trading is not simple, likes of gambling and gaming if people do without knowledge. There is huge gold manipulation going on and banks are short while hedge funds are net long. Retailers and speculators are gambling. Buy underlying physically (jewellery or bars) when prices go low and stay away from F&O unless you understand how things work!
@aaridrakamanu Trading is good incase you know how to catch the trend and follower of market. Gold is best known as a safe asset from the investment point of view. Instead of Physical Gold, SGB or ETFs are better options as they have lower costs and inherent risk.
@Nirmohi Investing in GOLD and SILVER acts as a natural hedge to your portfolio. You can explore all the Gold and Silver ETFs on Dhan easily. Markets > ETF > Gold / Silver. Select the one and you can quickly buy in 2-clicks