| All that glitters Gold prices have hit an all-time high, resulting in falling imports. HT explains the factors influencing price rise. Why do people invest in gold? Gold is one of the several assets that people invest in. Unlike equities or bank deposits, gold is a physical asset and has been a traditional favourite avenue for parking surplus income.
Why are gold prices rising?Gold is considered to be a safe haven asset. With high inflation and volatile stock markets, gold prices have hit an all-time high. It has risen 35% over the last one year as investors in Europe and the US flock to add more glitter to their investment portfolio rather than park funds in unstable and risky equity markets...............................................Full Article: Source
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