During the past 2 years I have heard people gush over gold prices and how the prices are going to go higher and higher. It has of course kept up to the expectations and gone really high. I remember when my sister got married in 2005, gold was Rs 8500/ 10gm. When I got married in 2007, it was Rs 11,000. Today, 3 years later, the price is Rs 16,000. You get the idea.
Anyways, I have been meaning to invest in Gold ETF for some time now. Today after consulting with few people, I plan to purchase Benchmarch Gold ETF (GoldETF)
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