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The gold rush will never be over if you are imagining so, and will continue to be a fascination for ages now just as it was ages ago! Gold is known to retain value and therefore, investors give a lot more importance to gold. The metal is a safe haven for people worldwide and is so useful for the futures security.
When gold prices fell some time ago to $300/oz, mining companies decided to cut expensive in order to cut costs and keep revenue. But gold sored once again and mining companies are back in the game and moving at full speed exploring 20-30 year-old deposits with new technology as well as exploring untouched deposits.
India and China lead in the countries that buy gold. Indians exchange gold as gifts during special occasions. So i guess you should buy gold coins and save up for the future.
Labels: gold advice