Top 5 Inverse Oil ETFs For 2017 (SCO, DWTI)
Cybersecurity stocks rose sharply in Thursday’s pre-market session after Palo Alto Networks, Inc. Gold is trading near a five-year low and oil is in a bear market amid concern raw-material supplies are outpacing demand. This metal loves to shock on the up and downside and now seems prepared for what could be the biggest move of 2017 that will establish the path of least resistance for the weeks and months ahead.
Gold in India is set to gain momentum, as investors see a price target of Rs 29,000 for 10 grams of gold. It bounced along that depressed level for more than five years, turning higher in January 2017 and embarking on an uptrend that’s now testing the 2014 high at $3.40.
Some of these include Gold ETFs, Sovereign Gold bonds Physical gold coins and bars and physical gold jewellery. You can consider buying these gold bonds from one of the listed commercial banks in the country. Gold has always attracted the fancy of people around the globe and Indians love gold.