Why we should invest in gold as an asset?
The investments made in life course are done to secure one’s families future from any kind of emergency. People invest in bonds, shares, fixed deposits and property. Over the time, people have also started investing in gold, silver and diamonds as an asset to secure their future obligations. Parents even invest more in gold nowadays to secure a tight amount for the marriage of their children. Gold has always been proved as a good investment on a long term scale. The price hike in gold and silver has tended people to buy more of gold rather than shares, property and other luxurious assets.
One can purchase gold in form of jewellery, gold bars and biscuits, gold coins, worshipping idols, and even gold utensils to rise bar of gold collection. Dhanteras and AkshayTritya being prominent occasions to purchase lump sum gold for their investment. It is also considered buying gold on such occasion lucky according to the Hindu beliefs and culture. It is considered pious to offer gold to Goddess Laxmi on diwali allowing your collection to increase day by day.
Gold in any form is a benefactor asset to rely upon. You can buy gold in any form and can transform it according to your requirements. The hallmark jewelry promises its customers to return the 100 percent costs of the gold items paid earlier on its purchase, when returned. What else you want to woo your lady else than gold jewelry. Women have always loved the gold and diamond jewelry because of their priced – possession status symbol.The gold as an asset is also important to stabilize the economy of the country. Gold is useful to balance the deficit in the government’s credit account and maintain foreign exchange reserve for exports and imports.