Gold ETF | Right time to invest or stay away ?

Is gold prices declining ?

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    6
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kantu

New Member
#1
#1
I had bought 5 units of Gold Bees @ 2.5k earlier(perhaps 1 year ago).
now its @ 2.9k but from past 1 or 2 months its on a constant decline. I was thinking of investing more in gold(~50 units) Should I invest in it now or wait to see a inclining trend again ?

Thoughts ?
 
praveen taneja

praveen taneja

Well-Known Member
#2
#2
kantu said:
I had bought 5 units of Gold Bees @ 2.5k earlier(perhaps 1 year ago).
now its @ 2.9k but from past 1 or 2 months its on a constant decline. I was thinking of investing more in gold(~50 units) Should I invest in it now or wait to see a inclining trend again ?

Thoughts ?
Click to expand...
Bro in buying ETF you need to pay 100% of amount of unit price unlike in MCX so if you want then on declines or in sell off days buy physical gold choice still yours bcoz money too is yours:)
 
K

kantu

New Member
#3
#3
praveen taneja said:
Bro in buying ETF you need to pay 100% of amount of unit price unlike in MCX so if you want then on declines or in sell off days buy physical gold choice still yours bcoz money too is yours:)
Click to expand...
I dont want to buy physical Gold, is investing in ETFs a bad idea ? I dont mind buying in units.

EDIT : Today it has dropped by 27.
 
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