Can investing in gold make a lot of profit?

[Setho]

Gold and a lot of jewelries or precious stones have been a reliable store of value for so many years past and I do not see that changing anytime soon so I think its good.

 

[Good-Person]

As I mentioned in one of my posts, investment in gold is a kind of long-term investment. The prices of Gold rise gradually and not suddenly. This means you have to wait for a really long time if you want to earn something. It might be possible that you need to wait for some months or years to see great results.

 

[Heatman]

Of course yes, it's very possible that you can make a decent amount of money from investing in gold especially if you are well informed with the knowledge of how to trade.

 

[delnovem]

Yes it can. Gold is a stable asset class that rises steadily and provides you with the opportunity to buy at a certain price point and wait for a few years for the price to reach the level you desire.

 

[Yusuf]

You can never go wrong while you invest your money in gold. It's a form of investment that allows you put your money ahead of inflation and we all know gold is very valuable

 

[Jlife]

Of course yes, it's very possible that you can make a decent amount of money from investing in gold especially if you are well informed with the knowledge of how to trade.

I also believe because gold is a valuable asset and the value increases over time and if you can invest in it ,you will make a decent profit if you keeping it for a long time. it just behave like cryptocurrency.

 

[gammarays]

Gold is the most stable precious coin known to man. It's also the most popular. Investing in it can give you good returns. You have to know when to buy low and when to sell high or you can use it as a tender to get money to enhance your business.

 

[jeff87]

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

I believe it will be a profitable investment. Its a very precious and valuable item. If you plan to buy, you purchase it at a lower price. Then when the price goes up then its the time to sell the gold. Just buy a vault where you can place your gold inside and it will not be robbed.

 

[Razor1911]

I believe it will be a profitable investment. Its a very precious and valuable item. If you plan to buy, you purchase it at a lower price. Then when the price goes up then its the time to sell the gold. Just buy a vault where you can place your gold inside and it will not be robbed.

Gold is said to be safe Haven. when economies goes down people tend to invest in gold, but in normal circumstances investing in gold is not that profitable. If investing in a stock gives you more return, why would you invest in gold.

 

[Mostee501]

I think investing in gold is profitable because the prices of gold hardly drops its value rather it value increases as the time goes by and by the market demand.

 

[Kelly5]

Investing in gold may and may not make one a lot of profits depending on how you went about or go about your investment decisions. You need to know the exact proper time to invest before investing to be in profits

 

[Richard92]

Yes, Investment in gold can yield lots of profit when it is heavily invested in. The value most often appreciates so once you could get a few ounce of karats then you should derive benefits.

Investing in gold can make a lot of profit but one has to know about the kind of business he or she is going into before he starts and must know the different type of gold before I start investing next

 

[Shigobad2020]

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.

I prefer to invest in gold more than any other investment out there because gold do appreciate as long as you hold it with time, and gold is always been in demand and it has a high rate.

 

[Setho]

Over the course of history gold has proven to be a very good store of value and I believe that that is not going to stop anytime soon so any investment in it is going to bring profit in the long term.

 

[Niftyyem]

Gold is good investment and I think on the long term it wouldn't just be about the monetary advantage but being able to pass it on as family assets.

 

[Lens]

Gold investment is a very good business. It's not a volatile commodity like the cryptocurrency. Although, the money that you make from cryptocurrency may be much higher but the risk involved in gold investment is very low. That is what makes it the best way to go unlike the cryptocurrency.

 

[Thinker009]

You can invest in gold and when the value rises you make more gains from the increase , gold is profitable both in long and short term ,it depends on how you place your investment

 

[tyrim88]

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

One thing that makes gold a valuable asset is that it has been an item of commerce for years and does not loss value easilly.The pricing is more stable and a good investment to go into without having to worry.

 

[Chibson]

Investing in gold is a very good investment. Even though, I would personally prefer to invest on cryptocurrency like Bitcoin.

 

[Heatman]

I also believe because gold is a valuable asset and the value increases over time and if you can invest in it ,you will make a decent profit if you keeping it for a long time. it just behave like cryptocurrency.

As far as investment are concerned if you can be able to invest money in gold and believe that there is always a good possibility for you to be able to make profit from that investment.