Mixed Investment Strategy In Gold Can Reward You

Gold in recent time has scaled to levels beyond Rs. 50000 per 10 gm and any sharp rally triggers investors return who want to tap on gains from any future probable appreciation in the asset. Though the strategy otherwise should be to buy on dips and sell when the prices rise. But in general things are a lot different than advocated.

So, even though a short term correction cannot be ruled out and prospects of gold seem promising given a lot of favorable factors:

1. Economic downturn with no certain signs of revival any time soon

2. Geopolitical risk due to US-China trade tensions simmering

3. Interest rate kept low

4. More of stimulus to combat the ill effects of the pandemic

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