Sukra - Personal Finance

Gold is valued as a global currency. It is a safe haven in uncertain times and hedge against inflation. You should invest at least 10% of your portfolio in gold.

Demand :-

Mine Production is unable to fulfill the Global Demand. The supply deficit is fulfilled by Gold reserves of Central Banks. Most of the central banks have identified the importance of gold as a monetary asset. Hence, demand may rise from Jewellery / Retail and Governments.

Historical Gold Price :-

Gold Chart in Rupee

Reasons to Invest in Gold :-

• Extremely Liquid
• Diversification for your portfolio
• Value is not based on the government so used to protect wealth
• Good hedge against inflation
• Demand outstrips Mine production.

How to Invest in Gold :-

• Gold Jewellery
• Gold Coins & Bars
• Gold Exchange Traded Funds
• Gold Futures – Commodity Exchange