Is this time for GOLD ETFs?

Thebullishtrends: Now Gold rates are coming down day by day in international markets, and we are receiving many of queries relating to Gold ETFs and investors are asking about the fresh buying in Gold ETFs.

Surely GOLD ETFs can be considered for secured and long term investments. But no need to rush for GOLD ETs immediately, because analysts are expecting that Gold prices will come down below to Rs.10300 level. One can see further downfall in Gold prices as the Crude rates are coming down day by day.

When can I buy Gold ETFs. One can enter into the Gold ETFs when the gold prices have come down below Rs.11,00 one can enter and start continous buyuing till the reaches Rs.10,300 level. Due to the Oil prices are coming down and dollor is strengthing there is a possibility of further down in gold prices in the international markets.

Which fund I have to select?? UTI Gold Share (CMP:Rs.1196) and Reliance Gold Exchange Trade Fund (Cmp:Rs.1200.35). Please wait another two to three days to enter into these Gold ETFs but surely these two funds are very good bets for the Gold Investments.