Why do People opt for Gold Investments?

    Gold as an investment is considered to be one of the best long-term investments available. During these tough pandemic times, people are facing major cash crunches and are reluctant to make new investments. However, gold investments can yield good returns. Gold is popular around the globe for its value and rich history.

    Related Article: Is Gold a Good Investment?

    Why invest in gold?

    Safety, liquidity, and returns are three major reasons why one considers buying gold. The gold prices can be accessed 24*7 and can be traded digitally as well.

    Investing in precious metals like gold gives high returns during the festive season when the prices are hiked.

    The hedge against inflation is the main motive behind why investing in gold is mostly preferred. When inflation rises, the value of the currency goes down. But gold prices have doubled over the last five years and quadrupled in a decade.

    Related Article: 5 Reasons why Gold is a Good Investment

    How to start investing in gold?

    There are different ways to buy and invest in gold. You can do gold investment online or physically in the form of jewellery, coins, or bars. You can also purchase gold as an investment in paper form through gold exchange-traded funds. There are mutual funds available too.

    Investment In Gold Coin

    Gold coins can be brought from jewellers, banks, non-banking finance companies, and even e-commerce websites.

    Sovereign Gold Bonds

    Sovereign Gold Bonds is a form of paper gold issued by the government. The sale of SGBs occur every two to three months and continues for about a week.

    In conclusion, investing in gold can be considered to be a safe option. Be sure why you need it. Not more than 10 per cent of the total portfolio is recommended in gold. Choose wisely on how comfortable you are managing your gold investments offline or online.

    RELATED ARTICLES

    Freight Transportation

    How Can Telematics Data Improve Freight Transportation?

    In the ever-evolving world of logistics and e-commerce, providing customers with a seamless and transparent...
    Sustainability at Your Business Event

    How to Incorporate Sustainability at Your Business Event?

    In the landscape of business events, a seismic shift is underway, with sustainability taking center...
    Dangers of a Disconnected Team

    The Dangers of a Disconnected Team

    Recent years have ushered in significant transformations in the modern workplace. While these changes have...
    Startup Funding

    Unlocking Success: Strategic Tips for Securing Your Startup Funding Round

    Embarking on the journey to launch your startup is no small feat, laden with many...
    Register a Business Name

    How to Register a Business Name: 5 Quick Steps?

    Many businesses are registered in the US annually. A staggering 5.4 million businesses were registered...
    Marketing in the Digital Age

    10 Psychology Principles for Marketers in the Digital Age

    Marketing is largely psychological, with emotion playing an outsize role in our purchasing decisions. With...
    Mero share

    Mero Share: Everything You Wanted to Know about It

    If you have kept track of Nepal's stock market, you must have seen that it...
    thesparkshop.inproductearbuds-for-gaming-low-latency-gaming-wireless-bluetooth-earbuds

    thesparkshop.in:product/earbuds-for-gaming-low-latency-gaming-wireless-bluetooth-earbuds: Learn More

    In the world of gaming, every millisecond counts. Whether in the thick of war or...
    sdmoviespoint2

    Binge-Worthy SDMoviesPoint2: Paradise for Movie Maniacs

    One website that provides free downloads of films and TV series in various languages and categories...
    Vegamovies in

    Tips and Tricks for Safe Viewing Movies On Vegamovies In

    Movie buffs are familiar with torrent websites that stream entertaining content, such as movies and...
    Igor Yusufov

    Igor Yusufov: The Minister and Reformer Who Found Ways to Cope with Large-Scale Challenges

    Igor Yusufov convinced the government and businesses to allocate substantial funds to his homeland’s energy...