Friday, May 23, 2008

Investing in Gold

Why Invest in Gold?

Until recently, gold wasn't a great investment.

Now with a weakening dollar and a combination of other factors golds prices have been going higher and higher. The best news is it's not too late to join the gold rush. It's also easier than ever to invest in gold now.

Gold is renowned as a hedge against inflation. The most consistent factor determining the price of gold has been inflation - as inflation goes up, the price of gold goes up along with it.

India is the largest gold-consuming nation in the world. China, on the other hand, has the fastest-growing economy in modern history. Both India and China are in the process of liberalizing laws relating to the import and sale of gold in ways that will facilitate gold purchases on a mammoth scale.

Investing in Gold