Is Gold a Good Investment in 2023? - India

One of the important assets in the modern world is Gold. The physical asset contains innumerable life-saving benefits for common and rich people. Today, the richness of Gold is spread across the oceans and continents of the world. However, the eastern part of the world turned out to be a significant place of Gold in the anthropological history of humans. 

Gold reserves were found in Africa and surrounding parts of the East by ancient Europeans whose industrialist ideas conquered the world in recent centuries. People under oppressive English regiments toiled to unearth pure Gold from their native land. Nobody, except the kingmakers, knew the yellow metal would become a consistent source of investment in the money-dominant world that would onset the riches of the future. 

Bhima believes in the inherent value of Gold serving or saving the lives of many economic sectors in India. We often hear queries regarding the credibility of gold investment in the long run. One cannot help but wonder over Gold's 3000+ year rich legacy in the realm of human assets. This metal has never gone down to zero since it established a market for itself globally. 

Gold over Money 

Savings can be significant if they can withstand the test of time at all levels. Money can be a great source in this regard, especially with many savings plans available in banks today. However, the value of money keeps changing based on the goods and services we exploit. The time period and evolving facilities can either decrease (up to zero) or increase the value of money. Gold does not need to affiliate itself with any commodity and remains standalone in the investment market. 

Single Asset 

If you are a regular gold buyer, we don’t have to remind you about the ownership of the metal. It is a single asset that someone else cannot simultaneously own. You don’t need to get the approval of any third party or owner to utilize the value of Gold in hand. 

Shield against Inflation 

Money is a tricky tangible asset that might fall short of our needs during crucial times, especially when inflation occurs. Inflation has been an unstoppable phenomenon that decreases the currency value. We suggest saving Gold, whose value inversely correlates with inflation and can be a savior for a financial crisis. 

Liquidity is easy

If you require quick money and are struggling to put together the essential sources, do not forget to check on your gold savings. You can sell, pawn, or get a loan from the Gold to meet your time requirement. The process takes a few minutes to up to 3 days in all financial sectors. 

Common Man’s Investment 

Unlike stocks, crypto, or bitcoins, gold investments do not need specialized knowledge. Anyone who could afford to buy at least a gram of Gold becomes an investor. This makes Gold a universal asset providing equal financial benefits for common people.