What is a more lucrative investment option than gold? A common man cannot understand this economic equation. But well-versed investors follow it minutely. The latest monetary trends require to wait and see strategy amid the dreary backdrop of the resurgence of Covid-19 along with global periodic lockdowns. In our country, profit-seeking investors are advised to remain calm. The market pundits expect a 20 per cent improvement in the gold prices that might make it a logical buying recourse. As we very well know the gold rates fell 24 per cent, from the thrilling increase of Rs 56,018 per 10 gram trimmed in the market to Rs 46,000 level within less than two years. Resultantly smart investors started moving out to extra lucrative investment alternatives, like the cyclical stocks that represent companies making or selling optional items and services in demand when the economy is set to perform quite satisfactorily. They comprise restaurants, hotel chains, airlines, furniture, high-end clothing retailers, and automobile manufacturers. In the meantime, surging bond profits and fiscal policy posturing by central banks worldwide began impacting sentiment towards buying gold. However, the prices have strengthened 2.5 per cent in the market thereby moving upward from Rs 43,994 level per 10 gram on March 31 to reach Rs 45,058 per 10 gram to date. The surge, as market analysts have put, was on the end of bargain hunting at lower layers. A bargain hunter looks for goods that are valued for money usually because they are on sale at a lower rate than normal.
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