As a large part of the world economy is undergoing global crisis, investors of all kinds are flocking toward investing in gold as they feel secured and may offer them high returns in the near future.
Even central banks all across the world have turned in to big buyers of gold and asset allocation patterns are being redrawn to include gold.
We Indians traditionally buy gold as a mark of status symbol and flaunt our wealth ,a way of life, but we had never considered gold as an investment earlier, but now the mindset of the gen next has changed and they consider gold as the safest and fast liquidity product and investment. Earlier gold gifting and buying in India was a tradition to be followed on occasions like child birth, or naming ceremony, or Diwali Dhanteras, akshya tritya.
In the current [...]