Can investing in gold make a lot of profit?

[GIFTMICHAEL]

Business is all about choice and passion. Gold is a good and expensive treasure that is moving very well in the market. I don't have any plan for investing in this business. I will rather encourage you to go for your passion since you believe in this kind of business.

 

[eenya00]

In the past investing on gold had a very huge potential but I don't believe it has that same impact on today's world because of the rise of crypto currency and other forms of investment which where not easily accessible in time past.

 

[Khezo]

Investing in gold is a very good thing gold is a very stable commodity so investing in it is a very good thing you should go ahead with your plan I want to know your capital is enough for the thing and you know the good company you can invest with

 

[Noor khan]

In the long term? I believe so, as gold tends to hold value better than some other items, though the price does fluctuate.

Investing your money in gold still remains one of the cool investment to go into for good earing or business . Meanwhile, you need to know that more people are pulling out of gold investment and going into crypto currency exchange Business which is now making the value of gold is to pulling down now a days

 

[Sotherefore]

Investment in gold is an old method of investment why can't you just concentrate and invest in the modern method of investment like cryptocurrency, these are the type of investment that can make you a lot of money if you know how to invest in it. I think you should consider cryptocurrency and gold.

 

[Ebuka Stephen]

Yeah very true though, gold is a really good investment as it is a raw material for most products produced by some industries so their is high demands for it , the price of gold keep on adding more value, so I agree with you when you say it is a profitable investment.

 

[Zamaney]

The easiest way to put your money in gold is to buy gold bars, coins or jewelry. Although this method might seem easy, there's a higher risk of losing your investment. To make a profit off the precious metal, you need to have a reasonable expectation that your gold can be sold for more than you paid for it.

 

[joy101]

Yes, you can make a lot of money on gold investment, because gold can yield you a lot profit when it is heavily invested, the value might offen appreciated, so investing in gold will generate more return.

 

[Psalmsavatar]

From the ages past, investment in gold has always been a yeilding business and it will continue to be even in the face of diversity in global investment.

 

[Trojan8]

I don't really see the need to invest in gold as it is not a great idea. Gold is more like a store of value because it worth in the marketplace is stable over time. Unless you plan on buying and selling gold time there's no much profit in holding gold. You can set up a business that would be buying and selling physical gold though.

 

[Rainlover207]

I think so, because gold is a valuable item that is always in demand in most industries. Moreover, the price of gold tends to increase from year to year in line with uncertain global economic conditions and the Corona pandemic making precious metals an asset.

 

[Briangsam]

Sure you can because gold is widely regarded as a gem stone everywhere in the world. You can get it, keep in somewhere safe and you can later resell for higher price.

 

[Blue house]

The most straightforward approach to place your cash in gold is to purchase gold bars, coins or adornments. Albeit this technique may appear to be simple, there's a higher danger of losing your venture. To make a benefit off the valuable metal, you need to have a sensible assumption that your gold can be sold for more than you paid for it.

 

[Diamond07]

Gold has an intrisic value. Investing in gold will yield a great retun.
Compared to other commodities, gold is more accessible to the average investor, because an individual can easily purchase gold bullion the actual yellow metal, in coin or bar form from it's dealwes. Several ways exist to invest in gold: buying the metal itself, buying gold funds, or buying gold options

 

[Sheyemanu]

Concerning your question, you can make profit through gold when you hold it for a long time. Gold is a valued natural resource, a valuable asset that would keep rising and the price changes through supply and demand

 

[Victor001]

Investing in gold in both long term and short term gives appreciable values, the quest to hit supplies and balance demands can inturn yield good interest for gold investment.

 

[Setho]

One of the things that we have really slept on is valuables like gold and silver and when I look at this charts, they pull out some very amazing numbers there. If you have funds, invest in gold and maybe silver and you will make profit.

 

[Setfragil]

It depends on the parts of country that you are if investing in gold is a good business there, because in my own country investing in gold is like a waste of time and the little resources that you have as most people do not really value it possession.

 

[Shigobad2020]

I plan to invest in gold. Can investment in gold be profitable?

Gold is the most adorable and the most precious jewel in the whole world and whose so ever invest in gold should be swimming in money, gold is worth investing in cos you're going yo make tons of cash.

Post automatically merged: May 6, 2021

I plan to invest in gold. Can investment in gold be profitable?

Gold is the most adorable and the most precious jewel in the whole world and whose so ever invest in gold should be swimming in money, gold is worth investing in cos you're going yo make tons of cash.

 

[Heatman]

I plan to invest in gold. Can investment in gold be profitable?

Are you looking for a short term investment in gold or long term investment because it's what would go a long way in deciding if you will gain or lose.