English | 简体中文 | 繁體中文 | 한국어 | 日本語
Tuesday, 19 October 2010, 11:47 HKT/SGT
Share:
    

Source: Cheaponsale.com
Cheaponsale.com Reports: Gold Futures Prices Rise 31% in a Year

BEIJING, Oct 19, 2010 - (ACN Newswire) - Cheaponsale.com reports that gold prices continue hit new highs. Yesterday, New York gold futures were 1299.4 U.S. dollars, compared to this last year, it has already increased 31%.

Cheaponsale.com reminds us that ordinary citizens investing in gold should keep rational; they should think of gold as a value tool. Experts have said that golds main function is the "safety belt" of the family asset allocation; and should not have high expectation for gold making much money.

Three Ways of Investing in Gold

At present, personal investment in gold has mainly three strategies.

The first is real gold. The lower risk is to invest real gold and long-term hold.

The second is the paper gold. This is suitable for investors who like higher risk, but paper gold cannot draw real goods, therefor is only suitable for buy low - high sell operating modes or short-term investment.

The third is gold T + D and gold futures, which carries a high risk, is good for professionals, and so on; it is not suitable for ordinary investors to operate.

Cheaponsale.com reminds citizen that as gold has no credit risk, it has no "extra premium" function; so it cannot realize the explosive growth of asset; added value is only a supplementary function that is established on the basis of gold value.

Cheaponsale.com notes that gold prices will fluctuate with the international market price, but part of gold reserve can achieve the objective of rational distribution of assets, especially when meeting the credit crisis, the gold value function will be clear. Citizens buying gold products should first consider the value function and then consider its added value function.

Contact:
Cheaponsale.com   
Tel: +86-10-65569770
Email: my@cheaponsale.com
http://www.cheaponsale.com/


Topic: Research / Industry Report
Source: Cheaponsale.com

Sectors: Metals & Mining, Science & Nanotech
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Cheaponsale.com Related News
May 5, 2011 11:50 HKT/SGT
Cheaponsale.com: Android Smart Phone Market Share Rose To 35%
Apr 12, 2011 13:00 HKT/SGT
Cheaponsale.com: Sales of Camera Phones Will Reach 1 Billion Units in 2011
Mar 29, 2011 14:45 HKT/SGT
Cheaponsale.com: Scale of Automobile Accessories Market Grows Quickly
Feb 22, 2011 14:50 HKT/SGT
Cheaponsale.com: Global PVC Market is in Hot Water
Jan 28, 2011 15:08 HKT/SGT
Cheaponsale.com: Domestic Washing Machine Market Share Soars
More news >>
Copyright © 2024 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575