Gold prices will move in a band or a zone in next few months and years. While there will be local minimum and maximums, overall gold prices will not show major upswing. However, gold always is a time tested investment. The problem with gold is that everyone believes in buying and accumulating it in physical form but not in a dematerialized form.
Going purely by astrological principles, gold can be accumulated now with a long term target. Starting a systematic investment plan (SPI) in gold fund as gold exchange traded fund (ETF) can be considered. Looking at the planetary positions, there will be few months in 2015 itself when there will be softness in gold price. Therefore, now is as good time as any to start accumulating gold through a SIP route.
Disclaimer: The stock market and commodities predictions made on this page and website are for informational purposes only. These may never be treated as recommendations to anyone to purchase any specific shares or futures/options. These predictions are based purely on Vedic Astrology principles and their accuracy is not guaranteed. These predictions may prove to be completely unrelated to what is happening in the stock and commodities market. These may be followed by the reader of this column/website solely at his/her own risk. This website, astrologers and the author(s) of this column refuse all liability and responsibility for losses made by the persons after going through this column. They may or may not have any positions in the shares and sectors indicated in this blog and it in no way influences the overall points mentioned here.
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One comment
Think long long term and please try telling when will Gold / silver break out of their earlier highs….. It seems both have been suppressed for quite a long time now.
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