1. Gold is generally worn for ornamental purposes in India.
2. Gold in India is generally seen as the investment which is to be sold as a last resort in order to tide over any financial crisis.
3. India is sitting on a huge pile of gold in terms of ornaments which can not be matched by any country.
4. However of late savvy investors can add gold to their kitty by investing through gold funds and gain in appreciation.
5. However it must be understood that over a long term period equity will always beat the investment in gold.
6. So the question arises whether to invest in gold in ornaments in India by an individual investor and the Answer is vehemently YES due to following reasons:
(a) Satisfaction of woman folk at home front and thus maintenance of harmony at home.
(b) Appreciation in price and better appreciation will be achieved if gold is Hallmarked.
(c) Buying gold through reputed dealers like TANISHQ
(d) Helps to tide over financial crisis in emergency.
7. So go all out and buy Ornaments,if not for appreciation but for the satisfaction of women folk.
Happy Investing in Gold
Gold Investment | Investment in Gold | India fetish for gold
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