Gold Now a safety place to invest

Gold Now a safety place to invest

Agartala : India | Jul 07, 2011 at 2:13 AM PDT
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The gold price, the dollar and the euro

Gold Price in recent market gained about a percent high because people are finding it as a safe place to invest due to the uncertainty of the European and Chinese market.According to a recent survey,its seen that the investors are buying Gold and dollars and selling off the European assets.

After the Chinese announcement that they are planning to increase the interest rate for the third time this year ,its becoming a great concern about the way the market will be ahead in future.

According to experts,the indication of Gold price and Dollar up means that there is lot of fear in the market coming.As now Gold price is below the 22k per 10 gm level,experts says that its the best time to invest on it.

shikhac1945 is based in Agartala, Tripura, India, and is a Reporter on Allvoices.
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