Hridai

Goldbees stock strategies

NSE:GOLDBEES   NIPPON INDIA MF
GOLDBEES
The Goldbees company is a gold exchange traded product that also is an invested ETF.
In the 1990s, the price for 1 kg gold was equivalent to a maruti 800 and over the years the same amount equals to the cost of a high end BMW car.
Gold is the same, but the value increases.
Similarly, if bought now as goldbees specifically is in a dip but gold is a lifetime investment so it will be a safe investment that reaps benefits over time.
Goldbees is owned by Nippon that is doing well in the market so the subsidiary wont face deep debts.
As 2020 was a downside for gold across the globe, it is still a worthwhile investment. As prices go down seize the opportunity.
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