Investing In Gold – A Wise Decision Or Not? – Aura Jewels
Gold has been a valuable asset for a long time in history. In fact, gold had been the universal trading currency for over 6000 years! It was the world reserve currency before the status went to the dollar in 1944. Today, gold stands as one of the most popular options to consider when one is considering an investment, despite the fact that the gold market has seen many fluctuations in the recent years. No matter what, gold’s fundamental value retains its status, and people consider it as a stable investment. Whether you invest in the smallest gold coins, or heavy jewellery, gold always adds a value to your investment portfolio.
Investing in gold – A wise decision
- Universal article of trade – No matter what the political chaos between nations, the value of gold is not much affected as it is a universally desired investment.
- Liquidity – You can always convert gold to cash whenever you want, anywhere around the world; no matter where you have bought it from, and where you would like to sell it.
- Never-ending demand – Gold is never going to go out of demand. Used in a variety of applications, the demand for gold is always on the rise, which further improves its price.
- Inflation – When inflation hits and prices rise, gold’s value also rises significantly. This means that during inflation, gold proves to be a more stable form of investment, as compared to cash.
With all of the above reasons, it clearly proves that investing in best gold jewellery in Bangalore is a sensible option.
The downsides
There is almost nothing in the world that doesn’t have a little downside. Whatever has its positives, has a few negatives too. Same goes with gold investment. So, before you decide on investing in gold considering all the rosy sides, make sure to consider the drawbacks too.
- No passive income – Gold doesn’t earn any kind of passive income, as other forms of investments like stocks or bonds, where you can earn dividends or interests.
- Security – When you buy gold, you need a safe and secure place to store it. Whether you keep it at home, or hidden away in the lockers of the bank, there is always risk of any misfortune happening.
However, even though gold is risky to store, and is difficult to keep safe, this shouldn’t be a reason for you not to buy gold. Even if you don’t buy gold as an investment option, you always want some gold jewellery that you can wear – some light dailywear that you put on regularly, and also some heavy pieces for special occasions. And, whenever you are planning on buying your next gold piece, make sure you do so from a genuine and skilled gold jewellery manufacturer. Aura Jewels is one place where you can get the best gold jewellery in Bangalore, crafted by skilled artists using hallmarked gold and certified gems. You can choose from the readily available designs, or have your designs tailored to your needs and choices from this customized gold jewellery shop in Bangalore.
