Does the Gold considered to be good investment?

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Does the Gold considered to be good investment?

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Deal Lieutenant Deal Lieutenant
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For now yes. 30% upside I see.

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Deal Subedar Deal Subedar
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Yes. Around 10% of your asset allocation. It is also considered as best asset class for hedging.

Deal Lieutenant Deal Lieutenant
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For now yes. 30% upside I see.

Deal Newbie Deal Newbie
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U can go for gold bond …. 10% of investment. Or 25% if u have daughter or any other plan to make ornaments in future!

Finance Mentor Finance Mentor
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The gold appreciates is uneven compared to other investments.

But yes it is an investment that keeps up with Inflation.

In my opinion, Gold is a safety instrument rather than an investment.
Commentator Commentator
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always. the only thing that can keep you safe.

Helpful Helpful
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Considered, yes. Is, debatable. 

Deal Subedar Deal Subedar
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very good for next few years now

Benevolent Benevolent
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there are 2 types of gold investments i consider in investing... one in the form SGB & other gold coins.

SGB pros :-

  • easy digital process,
  • provides 2.5% int. every year,
  • no tax on gains if hold till maturity,
  • no chance of theft,
  • no expense on lockers,
  • backed by RBI

Physical coin/biscuit pros -
  • since gold is considered as the safest option. and in case of any economic crisis SGB might not be as usefull as SGB as they depend on working of RBI/government.
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