You can invest in gold through E-Gold, Gold mutual funds, Gold ETFs or gold bars and coins. Not to forget, many Indians buy gold jewelry that they will never use considering them as investment. Each of these has their own merits and demerits.
With the shifting sands of time, Gold has evolved as an important asset class and is made available in various forms for investing. Read this space to know the various available while investing in Gold.
On this auspicious day on Dhanteras, Chirag Mehta, fund manager commodities at Quantum AMC says that it’s time for Indians to consciously make gold a part of their investment strategy.
While many analysts have forecast that gold prices will eventually hit USD 3,000 an ounce, after hitting a record USD 1,800/ounce last week, economic experts at Kansas State University have warned that it is only a matter of time before the bubble bursts.