Episode 105: Should you invest in gold?
One of the most traditional investment instruments is gold. Investors invest in gold because they can earn stable returns. Gold has had a stellar run in the last one year, even while equity and debt investors have experienced their share of troubles. With gains of over 24 per cent, the yellow metal is indeed in a deep shade of green! So does that make it a good buy this festive season? Should you invest in it? And what's the best way to do it?Can investing in gold earn the investor significant returns? How should a person invest in gold if he/she prefers it? These are a few questions that investors have about investing in gold. There are several reasons why investing in gold can be a good option, such as it is easy to invest in gold, the funds can be liquidated effortlessly, etc. But should you invest in gold? While a gold investment can provide stable returns, it might not offer substantial profits. Thus, investors must understand what their objective is when they think of gold as an investment. In this InvestorsHangout episode, our expert will explain if investors should prefer investing in gold and what are the gold investment options.
My Financial Goal #1
Buy a House
July 31, 2022