Investment in gold
Investment in goldGold is one of the oldest investment instruments. Many people prefer to invest and keep their funds in the form of gold. The central banks of countries and the IMF (International Monetary Fund) are key players in the market of gold. They have about 20% of world stocks of gold in their vaults. Purchase and sale of gold from these institutions is a major driving force which affects its price.
General information about gold
Chemical element gold is yellow, shiny, thick and expensive metal. Gold has properties that make it extremely valuable. It is attractive in colour and luster (brilliance), has durability over time and is susceptible to treatment .Gold is usually found in nature in relatively pure form. It is a metal that is a good conductor of electricity and heat. Due to its high electrical conductivity, gold is in great demand in the electrical and electronics industry.