Gold is a great investment when the world is in crisis. Everything can fall in crisis. Bank deposits are no guarantee as the banks may fail, the currency has no value as the inflation will eat away, real estate has no value when no one is having faith in revival of the economic activty. Only Gold, which is scarce and deemed to be reserve money in minds of people across the world is the answer in such crisis. Today , the Dow recorded all time high indicating the revival of USA, Europe gradually coming out of the rut and their stock indexes are moving up, Asia has not gone really into crisis perse, and No sovereign downgrades in the last 6 months.
All this indicates that the bad period (crisis) is over and the green shoots are seen everywhere. Every one would like to invest in riskier assets with an intention to maximise their returns. Hope won over the despair.
Gold has no place in such a scenerio. The world prices are hovering around $1550-1580 per ounce. Since the $ is showing strengh, the Indian rate for 10gms gold is around Rs.29400/-.

The likely pessimistic option: It looks like that the world prices may come down to $1450 per ounce in the next 90 days and if the rupee shows appreciation of 5% in this period (means Rs. 52 per $), it may be possible the gold may touch Rs.25500 -25600. This will push the demand further down, as many investors may liquidate the gold stocks, ETF, and derivative positions. Hence I feel that the gold is the most risky asset today compared to stocks, crude or metals.

Hope rates will down in near future.

yyy

One should have gold in their portfoilio...As the price is come down please add yellow material in your portfolio..Buy atleast 15% of your total investment...

It is down 0.003% and you are putting this question?
Looks like you are not properly sleeping these days??
Luckily you did not put an SMS contest.
Pathetic quality of stories/polls/questions.

It is a good opportunity but very low buying ppwer,

now people are bother they should have or not.

no

buy gold

gold will come down to 27800 in two months time

Still the amounts are higher

Gold is getting debased with the free printing of currency

Buying gold is totally waste of money for retail consumers, as jewelers add good amount of zinc/copper/silver as catalyst then making charges. All in all not a very wise investment unless one can encash it

IT IS THE ONLY SAFE INVESTMENT

no its beyond imagination now. Fall of Rs.100 is nothing in from of 100% increase in last 2 to 3 years i.e, from 15000 to 30000/-. Common man cannot even now dream of buying gold. It should come down to 60% of its current price and then only it may be possible for ordinary people to buy.