Benefits of Invest in Gold

It was the time when Gold's value was Rs. 3 per 10 grams but after huge depreciation of  Indian currencies, value of Gold has reached Rs. 30,000 per 10 Grams. If you have invested your Rs. 3 in Gold in past time, now it will become Rs. 30,000 because Gold is pure and there is no effect of inflation on it. So, it is sure, its value will increase after sometime. So, to invest in Gold is good.

Following is the main benefits of investing money in Gold:-

1. To Use as Jewelry 

Gold can use as jewelry. When other assets, we will use, value of asset will decrease due to depreciation. But there is no chance of depreciation of Gold after using it as jewelry. Instead of depreciation, there will be appreciation if you will sell your gold jewelry after 10 or 20 years. So, this is the only investment after real estate which we can consume and value of same will increase after time.

2.  Good Return at the Time of Inflation 

When there is the time of inflation, value of currency will be down. At that time, like increasing the prices of other products and commodities, value of Gold will also increase because people will surely be interested to convert their cash money into Gold otherwise cash money will become zero. For example, 10 years, ago, you can enjoy your whole life with family just with the amount of Rs. 2000 but today, it will be very difficult for you to enjoy your life with same Rs. 2000. Why? All basic goods value has increased. But if you have bought the Gold with Rs. 2000 10 years ago, now, it becomes of Rs. 20,000. It means, there is no effect of inflation on Gold. You will get good reward after investing your money long term in the Gold.

3. To Carry is Easy 

To carry the gold is not so difficult. If you have bought Rs. 30,000 Gold coin (10 gram). It will easy to carry it instead cash. You can carry it anywhere in the India, sell it and settle your business. In other investment like investment in real estate or commercial shops, it will difficult for you because you have to sell it first and then settle in other place because other party may capture it.

4. To Diversify Total Investments

It is expert advice, you should not invest your all money in one project because if one project will fail, your all money will go down. So, it is better, if you diversify your total investments in different projects and businesses. To invest money in gold will be helpful to diversify the total investment  because there is no co-relation of share or currency market with Gold. Its price is affected from demand  and supply of pure Gold, so, if total demand will increase at limited supply, your gold value will surely increase.

5. To Get Loan on Gold is Easy

Few days ago, you have listened the news that Indian Govt. was taking loan from UK by giving his Gold on pledge. All the Govt. faith on Gold because Gold is limited worthy metal and there is always an international market for this. So, if you have gold, you will get loan from financial institutions because you have gold which you can give as security. Instead of Gold, if you buy the products of your business, it may less chance to get loan on your products.

Except above, Gold's today prices are shown by almost all the offline and online newspapers. There  is a website like multi-commodity exchange of India ltd. which shows its updates. You can see update price, if you are earning big money, you can take the decision to sell it and earn same money.

Related : Why is the Price of Gold Rising in India?






access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar Control Your Spending corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation Diwali Messages documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps Google Adsense google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting Intangible interest international Internet Introduction of Tally 9 inventory investment investment in Shares invoice IT Japan Job costing journal entries Journal Entries eBook Help Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting Online Accounting Course otcei pakistan parents Partnership pay pal pdf Personal Finance pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance truthfulness tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching Wealth wikipedia working capital youtube
Accounting Education: Benefits of Invest in Gold
Benefits of Invest in Gold
Accounting Education
Not found any lecture VIEW ALL Continue reading Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock