Some General Thoughts on Oil and Gold

As of January 2015, the world looks quite mysterious at the front of energy sector and gold prices. While crude oil prices are low, precious metals like gold are also not doing so good. Then will the markets become more inexpensive in general? Of course, there is no guarantee. Although precious metals and oil are impressive investment areas, the overall picture remains gloomy. Due to the complexities of the modern economies, parameters of setting prices of goods pertaining to different economic sectors vary widely. There was a time when gold used to be the most important part of one’s investment portfolio. Also, oil price fluctuations used to send shock-waves across the global economy. But now the situation is quite different. We have to diversify our focus. For example, the IT and the services sectors have also emerged as very important areas for investments and development.

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