Quick Answer: Is Gold A Good Investment For Long Term?

Is gold a good investment?

There’s the traditional Indian view of gold—it is an excellent passive investment, protection in bad times and households should invest in it.

Here, gold is seen as an easily bought and easily liquified asset that can be relied upon to appreciate well.

Gold is an unproductive asset.

Is gold a good investment in 2019?

Gold has been up on the year, but if it turns out that the stock market runs low on juice, investors flocking to safety should pay attention to the precious metal. Gold is up roughly 3% so far in 2019. The price of the commodity moves with inflation.

Why Investing in gold is a bad idea?

Gold is an unproductive asset. Unlike shares or bonds or deposits, money that you invest in it does not contribute to any kind of economic growth. A pile of gold will stay the same pile of gold no matter how much time passes. The value of gold has always been driven by the fear that other asset classes will lose value.

Is gold a good short term investment?

They are considered high risk, like any other short term investment opportunity. The most secure way to invest in gold for the short-term is by taking physical possession of your gold through the purchase of gold bullion coins or bars. If used correctly, gold can be a highly effective investment.