Since the ancient times gold has proved its worth as both jewellery and currency for trading. Even today the amount of possession of gold jewellery contributes a lot in building your social status. But with globalization, the importance of gold has increased manifold specially in respect to the different methods of investment options in the market like mutual funds, shares, insurance policy or real estate.
The reason is because gold investment essentially and inherently can be done from a very small amount and most people are somewhere aware of the market price of gold in respect to other investment options. There are other benefits too but before understanding the benefits it is crucial to understand how gold investment works for us.
TYPES OF GOLD INVESTMENTS
BUYING JEWELLERY:
It is traditionally one of the most trusted methods of investment though it has its own advantages and disadvantages. Here the gold can be used both in times of weddings or for paying debts or making investments by simply selling it. But investment experts consider this kind of investment not much profitable as such method of buying gold involves huge amount of jewellery making charges which is definitely profitable for the jeweller but not for a buyer who has different investment plans with the gold.
GOLD BARS OR COINS:
Bu hikaye Mad About Money dergisinin July 2017 sayısından alınmıştır.
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Bu hikaye Mad About Money dergisinin July 2017 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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