The Covid-19 pandemic has been a major game-changer when it comes to making investments. The uncertainty that tagged along forced people to rejig their financial portfolio in order to attain long-term security. In this rattled market, many investors have shifted their focus towards gold- a safe haven during any economic distress. The value of this precious metal rose significantly in the post-pandemic world, which can be largely attributed to lower interest rates, safe haven demand, and ballooning budget deficits. In India as well, gold yielded some eye-popping returns in the past one year, which has which made it an attractive investment option. With Dhanteras around the corner, a lot of people are looking forward to investing in gold but are unsure as to how it will benefit them. We dive straight into the discussion and explain the top factors why gold makes a good investment choice at the moment.
1. A top investment tool to beat inflation
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