Gold is on the moribund due to stock markets and forex decline. Usually investments in gold is sought when the downfall of economy occurs but this time investors are very confident that the declining stock market and forex will rise to new extents. The news has it as the analysts are busy figuring out what went wrong this time with the stocks when DJI and FTSE declined. The major move to restore gold prices before Devali (an Indian festival) will take place sooner. Gold investors are therefore advised not to sell gold at the moment. The right time to sell gold will be 2 days before devali. Keeping gold after devali is not feasible because that will be the time of buying it.

Investments in gold would not be feasible till august as gold price will not fluctuate (except devali days) hence making it less possible for investors. It is advised to invest in stock market right now which is the right time to buy. Major shares in pharma, auto industry and consumable goods would be beneficial. Since the stock markets won’t recover till the end of May, it is advisable to make an investment strategy before the end of month.

Gold prices are likely to go down after stocks and forex recover and proceeds to new extents. Many gold investors are now shifting back to stock market. But those lucky gold investors who would still want to stick to gold investments, good news for you as the time to earn mega profit is just ahead. Remember to sell two days before Devali.