Essay On Importance Of Gold

829 Words4 Pages
Introduction: For thousands of years Gold has been a pillar of tangible, storable and transportable wealth. It has always been a staple of global currency, a commodity, an object of beauty and an investment. It is unique for the reason that it does not carry a credit risk. Throughout the history of our civilization, almost every culture has used gold to symbolize power, beauty, purity, and accomplishment. Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a way of diversifying risk, especially through the use of derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has the most effective safe haven and hedging properties…show more content…
Despite the fact that it is no more extended as an essential type of coin, gold is still a strong, long haul venture and might be a significant portfolio expansion. Gold is for sure the most precious of metals, standing the test of time for millennia. It has been the standard for currency and status since before recorded history. Its value remains a constant while world currencies rise and fall. With the volatility of today’s markets and exchanges, gold stands alone as a consistent and tangible investment. • To understand and analyse the importance of Gold and identify diverse options to invest in gold. • To study Global Gold Markets and analyse the factors that influence Gold market and impact of same on other national markets. • To study and analyse various factors driving gold trends in India and impact of the very same in the country. • To identify the perception of individuals towards gold as investment option and reasons behind investing in it. Research Methodology: Research involves the systematic and deep study or search for a particular topic and interpretation of relevant details or

More about Essay On Importance Of Gold

Open Document