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Which is more profitable, investing in gold or saving money in the bank?

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Fidelia said:
In a year, the value of gold kept appreciates more than the interest one earns from a fixed deposit account.
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Yes, that true and that's why people like to invest in gold than keep their money in the bank account.
 
Sanjeev said:
Buying gold is a better investment as you may be able to get good profits in a long run whereas you will get very low interest on the savings in your bank account.
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That's right, you would be making money work for you with gold but this cat be said of savings
 
That depends on the interest rate and the price of gold. If interest rate is low, putting money in bank will not be profitable. If you buy gold at a low price, it's value may appreciate over time. But investment in gold has risk. I think the best thing to do is to put some money in bank and buy some gold coins as well.
 
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