benefits of investing in gold
investing in gold and gold trading is very lucrative for those who trade according to certain strategy,trade in gold,according to the strategy makes the investor wins more money in a short time, like trading in the forex and trade in oil and trade in metals and the stock market and the foreign exchange market.
following are the major benefits of investing in gold :
1-gold funds
of the most prominent and the most important gold mutual funds:securities investment funds gold bullion securities in london,street tracks gold shares in new york.
and obliges investment funds investors pay an estimated 0.5% annual administration fee.
2-futures and options
this is another type of investing in gold,which contains a lot of risks compared to investing in physical gold,specialized investment companies that operate in the field of mining,although it is the kind that bring big profits to investors as opposed to investment in other species.
the price of gold has dropped by 0.1% where it has fallen from above $1355.15 an ounce to become of $1349.15 ,and thus gold becomes has recorded the highest price since the twelfth of july,and in light of the decline in the price of gold also find a decrease in the dollar due to the growth slow in the US economy,and this decline is the decline more than experts had predicted.
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