Do you Know Gold prices are falling drastically! Gold Investment is Correct Strategy to add in your portfolio?
One of the most valuable and precious metal for mankind.
Physical gold buying is always consider as a tradition in Indian context.
We always look at this as Investment opportunity and add in our portfolio. We always do mistake while considering it. If you look at the prices of Gold in last 5 years or also last 10 years see these details in below mentioned graphs.
Due to Corona Pandemic Prices of Gold all time High @ Rs 55000 per 10 grams.
In last couple of week Gold was in red zone. It is currently trading at 45000 Per 10 grams.
If I simply calculate the Returns on your Investment is almost some of how equal to Fixed deposit interest rate.
However, if you expect now gold is falling too much so we should add in our portfolio. Be aware that you fall in this honey trap of gold. So we recommend that buying gold more gold make more riskier option than equity market. You can buy the gold only for consumption purpose not as Investment Opportunity.
I wrote this blog since I personally do not like this metal as Investment option.
If you have any questions do contact me at email address.
Amolrandive71081@gmail.com
Thanks
Market Learning Academy
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