There are many reasons why investing in gold is such a sound, familiar and safe choice. The first and most important aspect of Gold is that it is respected throughout the world for its value and rich history. Actually, it is a synonym for wealth and money. Gold is something that has been in demand for thousands of years, and it is still popular.
Gold, a precious yellow metal is the first form of money, and in fact, it is the only form of money that has not been destroyed through 5,000 years of History.
Buying of Gold comes with a security that you will get your money back whenever there is an emergency. Not like stocks markets or mutual funds, which can crash anytime. Gold has maintained its value throughout the ages; it never really drops down to low amount.
It is safe in the sense that it provides a safer long-term investment and there is no maintenance on it. Gold has also proven during centuries its capacity to protect against inflation. It is often called the 'crisis commodity'. It often outperforms other investments not only in times of financial uncertainty, but also in times of geopolitical uncertainty.
We Indians are accumulated gold because it is an important cultural symbol (Click Here to know about cultural value of Gold) and we love to possess it, especially if you are Women. It is said that, fifty percent of the world's population believes in gold for love, romances, birthdays etc.
But, have you ever thought about how this buying can become a very good investment option?
Just talk to your financial planner to ask about gold investment and you know that you are going to be making a sound and wise investment for your future.
Remember, any form of investment will have its own amount of risk involved. So, think before you invest. Happy Investing..!!