Money: Time to Take Part in the Gold Rush ; Jeremy Gates Looks at One of Our Most Precious Commodities
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Summary
WHEN Time magazine reported in January that the booming Indian economy was leading to an unprecedented increase in the demand for gold, was it also telling British investors where to stash their spare cash in 2006?
So strong is India's love of this precious metal, said Time, that its grander temples are replacing silver plating with gold, and the World Gold Council reckons Indian gold buying surged 33% in 2005 alone.See the full content of this document
Extract
Money: Time to Take Part in the Gold Rush ; Jeremy Gates Looks at One of Our Most Precious Commodities
British savers who took the hint and followed suit are already on a winner.
This week, the Merrill Lynch Gold & General Fund - a favourite tip from personal financial advisors (IFAs) whenever clients seek something of middling risk between cash and shares - stood at a whopping 819.6p...See the full content of this document
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