Time to Invest in Gold?

[B]Is it a good time to invest in gold with the price near 25k?[/B]

gold is at around $1400 an ounce. where are you getting 25k from??? or are you quoting it PER POUND MASS instead of the normal “per ounce”?

hi i am an Indian investor and looking to invest in gold in India, here 25K implies gold at price of Rs 25000. sorry for the confusion caused.

I envy you guys that get how metal trading works, may i ask, which is better to trade silver or gold? I mean i come from currency trading mostly, i was thinking abot studying the silver or gold market and take it to a slower pace in that market :smiley:

I would get into some gold positions below $1,400 per ounce. I would be careful, but it is my opinion that gold will move higher over the summer with a strong finish to the year (from current) levels as demand will spike due to the Indian wedding season and an overall contraction in global growth.

You may read my article later.
I need 5 posts to be able to post images in my article. Here is one.
My article title is “Interpretation of how market players to manipulate price movements in forex”.
I think it will help you.

And you are who exactly? Just a normal guy who offers his insight or a quality source with knowledge of the matter? My point being is that readers should be careful with what they read in public forums.

The price of gold touched a low of $1,400 in mid April, and many investors were discouraged. But since then the price of gold has been steadily rising and reached $1,470/oz at the beginning of this week. And today gold is trading at $1,470.00 an ounce and it continues to rise. It seems to me that gold is on a clear path to recovery. I think that the time is right to invest in gold, but if you want to play on the safe side you can wait until the next week and then make an investment.


Last time gold was at 1470 was 9th may and has been dropping since.