The Gold has been rising steadily and it is at the All Time High. And whoever has been invested in the Gold is reaping the benefit. And that's why it is said to have a diversified investment portfolio. When you have the diversified investment portfolio which have the equity and gold and thus you will get the benefit of both.
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I remember when I get married, our family have purchased the gold below Rs 30K per gram in 2016 and now it's almost 3X of that price in just 8 years. In India, most people have the physical gold and thus a large portion of their wealth is locked in the locker. But still there is a gold in the portfolio.
But all the new age group who are into investment, are investing in the Gold ETF or Virtual Gold. Like I have some investment in Gold in Gold ETF and thus I am slowly including the gold in my portfolio with buying some every month. There is a volatile in the market because of the tariff and other things, and that's why people are investing in the safe bet like Gold.
The BRICS countries wanted to have a common currency for the exchange between them but Trump threatened them with high tariff if they create common currency. Trump wanted to have a dollar in every transactions so that US can earn in every transaction. But what if you do transaction in Gold,which will not be flagged and that's why the gold is increasing its value.
So if you are not invested on the gold yet, I would say to start investing as soon as possible. The lowest gold ETF is just Rs 90. So you can start with as little as possible and then invest in Gold ETF.
