Investment in Gold

Although there are many ways of investment available today, there is one such old investment in which people invest a lot and the government also invests a lot. Well, here in India, a lot of investment is made in gold, whether it was a middle-class family or a very rich person, a lot of investment was made in gold in the form of jewellery, nowadays people are also buying digital gold, but people have been investing a lot in gold since long and they wear gold jewellery in weddings or any functions and which enhances their beauty even more. Nowadays, there is a lot of use of gold and let's use it as an investment and keep buying digital or physical gold from time to time.

But as the demand for gold is increasing these days, its rates are also increasing and if you will see, in the last year it has given a very good return, around 24%, which is quite good; if you would have invested 1 year back, then today your 24% would have been good; gold is also considered a good investment; earlier people used to use it as an emergency; it is also a good medium for us; earlier people used to invest in gold, when they needed money, they used to send it and then when their situation became better, they used to buy it again. But situations are changing and so are the methods of investment.

People want to buy gold even today and many invest in silver which has also given very good profit. In the last few years, if you see, people are buying digital and not physical, that is also a good medium and in this way, they are diversifying their assets and I feel that gold will give very good returns while going near the long top because all the factors, their backing is in gold only, so the value of gold is not going to decrease, it will keep increasing with time. It is not guaranteed how big the value of gold is because if you see the record of the last 10 years, then in some of those years it has given negative returns but in most of the years it did not give positive returns. So if you are thinking of entering gold, then this might be a good time because its prices are increasing day by day.

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Translated with Google Translator, thanks

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