Marg News Letter-2 Gold Friend or Enemy
Dear readers, as we discussed in our earlier newsletter, Gold has been proven as our Best friend at the time of need & if we want to create legacy for our generations to come then we should rush for Gold. Continuing the same topic, in this article we are going to discuss whatare the various ways by which we can make investment in Gold.
Dear readers, as we discussed in our earlier newsletter, Gold has been proven as our Best friend at the time of need & if we want to create legacy for our generations to come then we should rush for Gold.
Continuing the same topic, in this article we are going to discuss what are the various ways by which we can make investment in Gold.
Let’s consider the factors one needs to be aware of and the know- how of investing in gold…
India (NRIs included) goes crazy about gold jewelry. With the World Gold Council (WGC) aggressively marketing social and religious functions as gold buying events, the demand has shot up in the recent years to record levels.
In terms of convenience, Gold scores very high; with the per gram price rising, the smallest single investment is becoming higher. With the emergence of Golf ETFs the convenience to hold gold for the short term has increased many folds. Instead of holding cash for the short term, one can today make investments in Gold ETFs.
Conclusion :
Gold has proved itself time and again to be the perfect hedge for inflation. But to look at it as a hedge avenue, Indians are yet to consider this market actively as the purchases continue to be dominated by jewellery. Gold only beats inflation.
It fares poorly when compared to real estate or shares when compared on the basis of real inflation adjusted returns. It may sound shocking but the truth is besides, being friend GOLD is our ENEMY too….
To know how GOLD can act as Enemy…wait for our next newsletter!!!
Till then keep enjoying GOLD as your Friend!!!!!!!!!!!!!!
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