Advantages and Disadvantages of buying Electronic or Digital Gold
Advantages and Disadvantages of buying Electronic or Digital Gold The history of Gold is over a thousand years. The catch on Gold is generally slightly higher on the Asian Continent. Gold is a hedging instrument against the Inflation. It is also acts as a diversified and a tool to mitigate losses in times of bad economy. It is an asset and having an intrinsic value. Generally, Gold has an inverse relationship with the USD. Gold is nominated as Central bank's Queen, where the Global debt is too high in the recent decades. When there is any uncertainty on economy or political, then the Central bank would buy more Gold on it's reserves. Historically, the Gold price in INR(Indian Rupee) has given around 990 Percent absolute returns in the past 20 years. However the yield of returns with Gold on different segment may vary. Likewise, if we invested Rs.1 Lakh in Gold instruments - Gold Bonds, Gold Funds, Gold ETF, Gold Deposit and Jewelry. The yield may be different post charges and