How is gold a safer asset and why it is seeing a sudden rise and what next 6 months look like?

Gold is not just a glittery non corrosive precious metal, it is the main source of financial empowerment and security in today's world. Gold is single-handedly the only mode of currency that will continue to stay relevant when all global economies collapse and the current civilization and societies cease to exist.?

Common people have invested in gold since the olden days, and the investments have further diversified into creating jewellery and different other materials owing to the superior mechanical properties of gold, including malleability and ductility. The jeweller now became a more esteemed member of society due to their ability to convert this simple metal into beautiful ornaments with both sentimental and aesthetic value.

?Even today, people consider gold investments more reliable and lucrative as compared to real estate. Markets worldwide have evolved with the times from simple gold jewellers and dealers to more sophisticated models including ETFs (Exchange Transfer Funds), E Gold, Gold Mutual Funds and many more. The prediction for the future really promises monumental returns for gold. Let us try to know more about the infinite potential of Gold investment in national as well as international markets along with its cumulative effect on global as well as individual economies. With the advent of novel investment modalities, the gold markets are expecting tremendous growth in the next 6 months with an enduring trajectory.?

Saving for a rainy day

Gold seems to be one of the most reliable investment models for risk averse individuals as well as volatile economies. While share trading, mutual funds, even crypto currency have failed to stay strong in times of geopolitical events and unrest, gold has stayed resilient and the prices have soared globally to ensure adequate returns. Thus making it the perfect choice for crisis management. The limited resources worldwide add to the advantage further. Known as a crisis commodity, even countries have an emergency gold reserve fund set up for events of geopolitical unrest, recession, etc.??

Combating Inflation

Inflation being out of our control, and largely governed by national and international events, natural disasters, and many other reasons has led to collapse of economies at the drop of a hat. But gold stays strong despite inflation as the value of gold is directly proportional to cost of living. So if you want to beat inflation and stay strong despite it, gold is the way to go!?

Existing Geopolitical Climate

Despite the resilient surge in US Dollar rates, gold and silver prices have been steadily increasing manifold. This, mainly attributed to political unrest in the Middle East, Russia Ukraine unrest, aggressive gold purchases by China, easing of monetary policies by the US Federal Reserve, and the deprecating Indian National Rupee rates has now forged a favourable and profitable market for gold investment.?

The recent gold prices are marked up at 70,699 INR per 10 grams with a prediction for the rates to soar further in the near future.?

This, along with the bullish growth predicted for the next quarter along with intermittent dips thus creating favourable purchase opportunities will ensure outstanding returns for gold investors.?

Diversifying Portfolios

Gold being a tangible commodity along with its constantly high demand in the market due to limited reserves helps not only as a hedge against inflation, but also as the sure fire way to safeguard investment portfolios against the volatility of the markets. Gold is immune to the macroeconomic and microeconomic ramifications of conventional assets and their returns.?

So, even in the event of stocks falling, gold is your safety bet.?

Liquidity

As mentioned before, apart from being a great crisis commodity, gold is an easily liquidable asset. Except for sovereign gold bonds, there’s no lock in period for encashing gold investments unlike real estate and other assets. Loans can be provided against a gold security as well due to gold being a tangible asset thus providing better security for returns.?

More options for Gold investment presently

With the rise in technology and a diversification of investment options, there are so many ways to lucratively invest gold and reap substantial results from it with ensured security and a systematic process for the same. From Exchange Transfer Funds (ETFs), sovereign gold bonds, E Gold, Physical Gold, Gold Funds, to so much more, gold is no longer just a jeweller’s territory, and the arbitrary advice from elders and peers with lesser information and greater conjecture will cease to exist. It is no longer just about purchasing from the jeweller in the market, with the risk of making uninformed decisions. There is a highly sophisticated system in place for maximising results of your gold investments with the right prediction of trends in the markets.?

Even though Indian markets mostly involve jeweller purchases, this process is easily streamlined by novel apps like Plus Gold (because I know the co-founders well), which connects trusted jeweller brands with customers directly on a user friendly interface, thus providing customers with the opportunity to maximise their gold returns and follow the right prediction for the markets.?

Apart from the user-friendly interface, the app is free of cost for the users, while they redeem commissions from the jeweller registered on the app. Moreover, there are zero penalties thus ensuring transparency and liquidity for users. Plus Gold has single handedly democratised the gold investment market in India which was predominantly managed rather arbitrarily.?

Veer Mishra, my friend and founder, has converted what may have been a traditional and historic investment practice into something much more tech driven, savvy, and accessible. With the original concept keeping his mother in mind, he wanted to create a more simplified process to help her with her gold purchases. So many women like her are a part of the Indian economy, wanting to tap into this resource but are not sure where to start from. This is where technology has begun to make things easier for us.?

From one time purchases to different monthly schemes, where one even has the option to purchase digital gold, Plus Gold has simplified and streamlined gold investment significantly thus providing users with financial agency, cost effectiveness, accessibility, convenience, transparency and maximal returns. So yes, this gold surely glitters.?

With a generation having more control and more technology to intensify their gold purchases, by proper planning and comparisons between different schemes, Plus Gold will surely tap into the infinite possibilities of this growing Gold market and ensure maximal returns with the most simple and systematic interface.?