Gold ETFs � Is it Right for Invest?

Are you fond of the precious metal on the earth, gold? If still you are not, then it is the correct time to become a gold bug. You might be aware with the gold prices that are rising rapidly day after day. Finally, the price of gold was balanced a few months back and it was closed at 1000 dollar per ounce. But according to some experts the price of the gold may again increase in the upcoming months. It is expected that the price may go up to 2000 dollars per ounce or else it may go up to 5000 dollars per ounce.

The gold market is considered as a long term trend that is fueled by various factors including growing demand of hedgers and investors, supply constraints, weakness in US dollars, geopolitical uncertainty. So, the gold market is not a short term market because there are various factors that are encouraging the market. Today in this world of financial and political uncertainty people are looking forward to safe some of their money and trying to purchase as many assets as they can and one such asset is gold. For centuries gold has been considered by people as one of the best investment sources. Even in the modern world where paper currencies are used for all the dealing, gold is still considered as the vital currency.

Still gold remains the perfect store of wealth. The last bull market in gold started in the year 1970 and it was ended in the year 1980 so it was lasted for ten years. If you are looking for a long term investment then you should invest in gold. There are many people those who are still wondering how to invest in gold because few years back it was not easy to invest in gold directly. Initially, the only option left with the investors was either to trade gold futures or to purchase gold bullions. But the process has changed and new doors are opened to investors after the emergence of ETF (Exchange Traded Funds).

Gold ETF is considered as the perfect method if you want to invest in gold. ETF trade is just similar to stock. You may either go for long term investment or else you may go for short term investment according to your desire. The best thing is that it gets traded on all the primary exchanges across the globe.

Author: Nandha