2007-12-06 03:44:58 · 5 answers · asked by Anonymous in Business & Finance ➔ Investing
If anyone knew the answer to that, people would no longer invest in both.
If you hold interest paying investments, you are at risk when interest rates rise. Gold is a commodity, so it fluctuates according to market demand - and also according to the value of a given currency. Gold is way up in terms of US dollars in recent years, partly because of a renewed global interest in gold brought about by new gold holding instruments (such as GLD), but also because the dollar has been declining.
If you want to invest in gold and don't mind holding it yourself, I recommend numismatic gold coins (such as the St. Gaudens) rather than bullion or bullion type coins (such as Maple leaves), because the old coins are selling at historic lows in terms of percentage above melt value.
2007-12-06 03:58:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Gold grows faster, invest in it
2007-12-07 09:23:46 · answer #2 · answered by Harinder S. Johal 7 · 0⤊ 0⤋
Over a long period of time 5 years or so, at this point, gold is definitely a better choice..
Gold takes care of drop in value of $ whereas plain CD interest won't.
2007-12-06 11:59:50 · answer #3 · answered by Thomas A 3 · 0⤊ 0⤋
Rate of Interest depends on value of gold. Gold can be stolen but interest will definately come from Post Office, bank.
2007-12-09 10:58:04 · answer #4 · answered by deepak57 7 · 0⤊ 0⤋
gold
2007-12-06 16:34:54 · answer #5 · answered by Anonymous · 0⤊ 0⤋