The advantage of gold investing is that traders are interested in this highly liquid asset at any stage of the market’s fluctuation. It cannot devalue like particular stocks or currencies. Inversely, gold bars, gold jewelry, gold coins, etc. prices rise during hyperinflation, developed economies’ crises, bankruptcies, wars, or pandemics. In the last century, there even existed the gold standard used for money emission.
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Sovereign Gold Bond: सरकारी दे रही 100% गारंटी के साथ टैक्स बेनिफिट, जानिए कैसे?
Sovereign Gold Bond (03 May, 2023): भारत देश में सोना (gold) निवेश का ऐसा माध्यम है, जिसमें लॉन्ग टर्म इन्वेस्टमेंट के लिए आपको कभी भी किसी व्यक्ति को ज्यादा समझाना या मनाना नहीं पड़ेगा. दूर-दराज इलाकों से लेकर महानगरों तक, कम पढ़े लिखे लोगों से लेकर बेहद जानकार निवेशकों (Investors) तक, सोने के प्रति जबरदस्त आकर्षण अपने देश में हमेशा से रहा है.
Indians Are Selling Their Gold Jewelry to Make Ends Meet
Gold Jewelry: Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing his job on a cruise liner. This year, he is selling his gold jewelry to meet expenses, after failed attempts at starting a home business and finding another job.
Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions
Gold Silver Reports (GSR) – Iranians Go for Gold Amid Currency Turmoil, U.S. Tensions — Gold coin and bar demand in the Persian Gulf nation soared to 9.3 tons in the first quarter, a three-year high, on “investor concerns over worsening Iranian-U.S. relations and the prospect of currency controls,” the World Gold Council said Thursday in a report.