Gold for most Indians is not just an investment instrument but more of an emotional investment. Higher liquidity and sentimental attachment towards the precious metal make it part of just about everyone’s portfolio.
Add to it the current uncertainties of the Covid pandemic and economic hardships. Gold has witnessed more investment as an insurance against the uncertainty, leading to soaring price points.
But is gold better than bonds, which have similar risk-return characteristics? Let’s find out.
Read the full article published originally on Financial Express: Is gold better than bonds for long-term investment?
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