Is now the best time to buy gold?

Hello everyone,

I've recently started trading Forex and now decided to explore commodities. I have watched various videos analyzing current global economy. According to them, now is the right time to buy gold. Therefore, I would like to ask people who have been trading this commodity for a longer period, what is your opinion? Thank you!

You just started , at-least captivate 3 full years of 12 hours sitting each day excluding sat and sunday. You have to loose real money to learn it well. Do paper trade a lot and then start with real money which you can afford to loose. I never insist demo money as it never reflect real emotion of trading.

I think Gold is always buy at every level if you wish to create wealth. I don't recommend you to trade trade Gold because bullion markets trading needs huge money and robust technical analysis. Now should you buy gold...If you can hold it for 15 years at least then you can buy as little as possible on every month or bi-monthly. We may see $450 to $300 before it go ultra bull phase of around 3800 to 5200 $ . It's right now 1200$ + . Not necessarily it will happen so you can do SIP( systematic investment) from now .

If you haven't been profitable in forex don't go into gold.

I would be a buyer of silver instead of gold given their historic ratio if you plan to purchase. I look at PMs as a long term investment.

Equities please. No more commodities.