Experts suggest that at least 10 % of your investible portfolio should be in gold. As it happens, for many Indian families gold often represents a large percentage of the family assets, given the socio-economic and cultural factors in play. Following are the purposes for buying gold: 1. Consumption: In the Indian cultural, families always [...]
Gold can overcome the personal financial crisis
In following ways you can use gold if you are facing financial crisis: 1) Loans against gold: you can take a loan against your gold jewellery and ornaments. Many banks and non-banking companies like Muthoot and Mannapuram can offer you loans almost instantaneously if you take a loan from them and offer your gold as [...]
While Buying gold in physical form
How to buy gold in physical form? You can buy physical gold through a jeweller or a bank. Jewellers are the traditional channel for purchasing gold, typically in jewellery form. But more recently banks have also started offering gold bars and biscuits for sale. Wherever you buy it from, make sure it’s a trusted jeweller [...]
Gold Investment in India – The History
Gold Investment in India – The History Until 1990, the Gold Control Act forbade the private holding of gold bars in India. There was physical investment in smuggled ten tola bars, but it was limited and often amounted to keeping a few bars ready to be made into jewellery for a family wedding. Gold investment [...]
In what form should you buy gold?
In what form should you buy gold? Gold is not just for ornaments, it can be considered for investment purposes. Gold as an asset is a store of value, even though it does not provide any income or interest. Following are the different forms that you can buy gold in. 1. Jeweller – physical gold [...]
Is Gold Investment an attractive investment option?
“No other commodity enjoys as much universal acceptability and marketability as gold.” – Hans F. Sennholz The road to multiplying money through investment in shares since Jan 2008 is full of bricks & stones. Many have burnt their fingers in share market. The uncertainty has made the investors to look for alternatives. This has paved [...]
Investment in Gold
Gold investing involves the buying and selling of gold mainly for the purpose of hedging against any economic, political, social or currency related crisis. Such crises may include a stock market crash, high inflation, war or any social unrest. Moreover, since gold is the most popular precious metal, gold investments are made for financial gains [...]