Over the last few years, it has been observed that investment in precious metals like Gold and Silver have yielded very attractive returns. The recent profit booking in the global commodity markets was a long due, as the prices had gone up quite sharply which was unjustified to their fundamentals. No doubt, the short term view for precious metals is uncertain, but due to the several factors the long term view is very bullish.
Due to the past global economic slowdown, the developed as well as developing countries had given a huge stimulus packages to boost their economy, which caused them under a huge debt. Although the global economy has improved a lot, yet there are many uncertain and gray areas still ahead. Therefore the demand for precious metal will remain intact in the coming days.
