Why Gold Is Considered The Safe Investment?

As we all know that gold continue to be a popular investment for ages. It has been respected all over the world for its value and rich history. Over the past few years gold investment has evolve from physical gold to virtual/digital investment. However, all forms of gold are equally attractive for investments.

There are many reasons people invest in gold to meet their financial goals, especially Indians.

Reasons to invest in Gold1) Gold Is Money : In history, gold has been used as a currency. Today gold is not use as currency but its role as money make it superior to any currency. One of the crucial promises of money is that it serves as a long-term store of value. Gold fulfills this promise better than any currency.

1. Gold Investment cannot go Bankrupt : Gold is the only asset that's value won't go to zero. Gold will always have value. You can always sell it if you need currency.
2. Savior during Inflation : The yellow metal serves as an inflation hedge in the long run.When inflation rises, the value of the currency goes down, But gold prices have doubled over the last five years. In a country like India, where every saving instrument may not provide returns, gold fares well when the inflation rate exceeds the interest rate. The annualized return of gold over ten years has been way higher than that of inflation. What this means is that gold has given individuals a real rate of return.
3. Gold is a Tangible Asset : Gold is one of the few assets that is tangible, and thus, it creates a perception of safety among investors. Purchasing gold is much easier compared to purchasing other tangible assets. Assets stored digitally are prone to hacking and other misuses, gold is free from such concerns. However, it does come with its own risks. So, be mindful of them.
4. Gold Requires No Specialized Knowledge : Unlike stocks, bonds, cryptocurrencies, real estates, like other investments, gold requires no specialized skills. As an investor, all you need to do is simply buy and store your gold. Buying gold is relatively straightforward.

Gold’s qualities make it one of the most coveted metals in the world and a popular gift in the form of jewelry. The decline of paper investment leads to an increase in the price of gold. If you are planning on investing in gold, make sure it is for the long term.

These are the few reasons, gold is the safe investment. If you are looking for safe and long term investment, then investing in gold is worth considering.

Pinky Singh is an experienced content writer. She finds much interest into writing articles on subjects like business opportunity, startup stories & so on.