Obsolutely Not,but im here to share about Movements of gold in last decade.......
If I was a Philosopher, I would say the reason for rise in gold price is due to one and one cause, none other than “Greed” .Greed to attain Wealth…Greed to Gain Strength…Greed to Control World Super Power…Greed to be No.1…..
Being a Management Student I can’t say this as a reason and Escape from the Core Contents of rise in price. Historically, Gold is considered as Precious metal and given more preference among other precious metals. Basically due to affordability nature compared to its companions.
In Last decade Gold created astonishing figures……Yes 500% growth…..The prime Bull trend (Growth) in Bullion market (gold Market) happened after 2004…
Why is it so …The reason is
Rise in demand
Demand for Gold Is increasing day by day, particularly Jewelry demand Increases 43% year on year in developing Countries, particularly Turkey,China,India,Russia (Constitute 63% of world demand)
Volatility of Paper Money
Dollar started losing its value after Recession. Many Countries started increasing its Gold Reserve due to Change in Dollar prices and Volatility In Dollar Economy
Inflation (Rise in Prices)
Yes every part of this World is experiencing inflation. Rise in Prices resulted in increase in Price of gold as well.
Political Tension in Middle East
Political tension in Oil exporting Majors also made other countries to purchase gold for Keeping them in Safe zone to escape from oil crisis.
Chinese Factor
When the Price of a product is declining, we will say “Chinese factor”. But in case of Gold, the rise of Price is because of Chinese Factor (Significant role). China legalizes the Private gold holding in year 2004.From there on,the private Gold Consumption in china is growing day by day. Gold Council expected the demand in china would double in near Future.Chinese Government encourages investment in gold among its public.
So it is clear we are living in the Golden era…the Gold prices is favoured by these factors.
Then what’s the matter for us ???
Being a Citizen of a Country, The country that buys at least one-fifth of the global gold supply each year, making it as the world's largest consumer of the metal. More particularly living in the region where Gold per capita Consumption is high compared to any part of the World (Tamilnadu and Kerala Accounts for 30% of gold consumption of India)
The rise in gold price matters most to me .How we can gain from this….
It lies in our veins…No doubt on it…but time to think, More calculative and cost effective.
Diversifying Gold investment is need for the hour..Experts says that gold will touch $2000 per ounce from the current levels of $ 1400 .But “bull’ ion will take rest for a while.The continuous rise in price may expect few correction. The price of gold may touch $1000-$1100 levels and then It will rise.Better planning will increase our fortune.
Time to increase our gold investment in form of Jewelery,Bars,of course we do. Also time to think about alternative gold investments like Exchange Traded Gold Fund ,Gold Mutual Funds, Gold Futures for gaining in Short Term rise in Gold price. Diversifying our gold investment will help us gain Fortune in price trend.
For retail investors like you and Me, Exchange Traded Gold Fund will be a best option. It is just like a Stock trading, Where the stock is paper gold….In India we can buy small quantity of Gold in form of ETF as low as 1gm at the low transaction cost .all we needed is demat account.
If we mastered Golden principles to invest in Gold, then undoubtedly this Decade will also a “Golden decade” for us.
-Golden Decade Continues



















