Recently we are seeing the Price of gold sky rocking ,This is very obvious because this commodity is consider hedge against inflation and safe haven when times are bearish .Like any other market Nepal is no diffrent .Price of gold yesterday touched another record high of Rs 28,400 per tola (11.664 gram).There is a new trend going on in Nepal buying gold not just Weddings but as a investment .Financial insituation like Ace have introduced Gold ETF, This fund will buy gold directly, according to details released announcing its introduction.This ETF represents the cheapest way for Nepali janta to gain exposure to physical gold bullion.
SO what if Gold is the next bubble? ,Is this rally good for equities ( gold mine stocks) but bad for bullion ?
will the bubble bust if the US stimulus package actually starts to work and there is a confident in the market ?
http://www.blanchardonline.com/beru/why_own_gold.php
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