Gold is a very good investment is what we hear all the time. But due to the volatility in the markets it is risky to trade with the precious metal on the live markets. It is safer to buy physical gold these days. Lesser demand from countries like India, China and the Middle East has also hampered the demand for the metal in recent days.
Volatile markets give investors the only option of buying physical gold since gold is seen as a hedge against inflation related risk. Some also believe that owning physical gold is a priviledge in times of recession and this was aptly quoted by Michael Pento, chief economist at Delta Global Advisors Inc. in California: "The government can print endless money, but they cannot increase the supply of gold. Anything the government cannot replicate by decree, I want to own.” (source: bloomberg.com).
Hence, at this time, gold is the best bet, but buy gold outright, trading in gold in open market is still very risky. All the best with your gold purchase.
