Gold

Gold
It is a commodity which is usually used in the jewelry and different types of electronic items and equipment because of the conductivity, durability and malleability. Earlier, it was utilized in the form of standard for the financial exchange also. This particular practice was ended with the invention of fiat system in US. Switzerland wasonly country for supporting the cash with gold. Nearly 40 per cent of the nation’s money was protected with gold till they merged with IMF. It is regarded as the most sought investment among the costly metals. Investors buy gold to earn profit from the increase in the value or safe heaven hedge to the investments against the adverse geopolitical and economic inflation or situation. Depending on the Geological survey in 2008, the popular five manufacturers of gold in the year 2006 are China, Australia, Peru, US and South Africa. The popular customers of gold includeMiddle East, Turkey, US and India.