The Gold Show is for entertainment purposes only and not financial advice.
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The Gold Show is for entertainment purposes only and not financial advice.
Watch the gold price
Picking the right time to buy gold is a matter of keeping a close eye on the price and picking the opportune moment.
Gold prices change every two minutes, and it is very easy these days to keep track of it on your PC, phone, or tablet. You have never had more information at your fingertips in order to choose the best moment for you to invest.
While the market feels like it is constantly moving up, it’s not uncommon for the price to drop by 3-5% in one morning. For many investors, this would pose an opportunity to invest, and for new investors, it might be a great moment to take your first plunge.
Finding the right time to invest is down to the individual investor and the market state that they are most comfortable with. Some prefer to invest when the market dips, others prefer to invest when during more stable periods, or even in the middle of very strong periods.
Whatever your preference, you should only buy gold when you feel comfortable with the price.
Disclaimer: This is not financial advice.
Last updated: November 27, 2020
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