Due to the ongoing tension at the international level, there has been a reduction in the price of gold and it is expected that very soon there may be an increase in the price of gold, but the price of gold remains close to 3400. The investors are also being advised by the experts as to when to invest and when not to invest. The price of gold had reached this level in April and reached a record high of about 3500 dollars. After that, pressure was seen in the price and it may be impossible to invest in gold without expert advice and at times, there may be losses as well.
Central bank breaks gold investment record
According to media reports, many banks around the world have been investing in gold in the last 12 months and 72 experts are involved in this, out of which 43 percent say that the gold reserve is going to increase, due to which now is a good opportunity for investors to invest. The central banks of the country have been increasing their investment in gold for a long time and in the last two years, a huge jump in the price of gold is also being seen. Investment in gold has a big role in central banks. It is also being said that it can also give profit in the coming time, but before investing in any commodity market, expert advice must be taken.
Should one invest in gold or not?
Expert advice should be sought before investing in the financial sector, but according to most media reports, experts say that the share of gold in the investment portfolio should be 15%. If the share of gold in your investment portfolio is low, then you may incur losses and a little investment can be made in gold on decline. Apart from this, you can also invest through ship, but as we said, do not invest without expert advice because sometimes your guess can be wrong and you may incur losses.