Gold And Silver Crash

People have bought gold and Silver thinking it's a safe heaven at the time of war but both Gold and Silver are crashing. This is because of the rising bond yields, surging US dollar and mostly people are doing profit booking because it touched record high.

PC: Pixabay.com

Again if you are someone who wants to invest in Gold and Silver, it can be the right time but again don't invest all your money at once because uou never know if the prices will come down or not. One of the reason of its going down is again because US Dollar is surging and thus people think in long term it might not be able to give good returns.

And the next thing is money rotation, the money from crypto moved to stocks and then to gold and now it's moving towards the cash because of the volatility. And once everything gets sorted out the same money will go into some sector and that sector will go up. And next, the war costs money and thus economies might be selling the Gold to get the cash and thus profit booking by he countries will also be a reason.

What I am doing is that I continue to invest small quantities through the ETF mostly in Gold and will keep on investing in small quantities and get more units. In the future we know, Gold will surely give good returns, it's just the matter of time.