Warren Buffett does not invest in Gold because the yellow metal provides no returns. But he is in a league of his own. Mere mortals like us can only aspire to be like him.
It makes eminent sense for small investors to include gold as a part of their asset allocation plans. Gold does provide a hedge against inflation and a falling currency.
Indians Buy Gold in physical form - mainly as jewellery, but sometimes to turn their dark-coloured money into a brighter shade. A better way to invest in gold is to buy gold ETFs or gold funds.
So, is this a good time to invest in gold? Have a look at the interesting long-term chart of gold linked to recent events and decide for yourself:
Given below are the events and the corresponding gold prices:
(Special thanks to Robert Elway of roslandcapital.com for providing the charts.)
It makes eminent sense for small investors to include gold as a part of their asset allocation plans. Gold does provide a hedge against inflation and a falling currency.
Indians Buy Gold in physical form - mainly as jewellery, but sometimes to turn their dark-coloured money into a brighter shade. A better way to invest in gold is to buy gold ETFs or gold funds.
So, is this a good time to invest in gold? Have a look at the interesting long-term chart of gold linked to recent events and decide for yourself:
Given below are the events and the corresponding gold prices:
(Special thanks to Robert Elway of roslandcapital.com for providing the charts.)
This post first appeared on Stock Market Charts | India Mutual Funds Investmen, please read the originial post: here
