Everyone knows that gold doesn’t have a match when it comes to aesthetic value. But, only a few realize that this precious metal is also a great investment option that beats the returns of many other popular investing avenues. In fact, this is one reason why our elders had so much interest in gold.
You too can start your gold investment journey anytime you want. But before that, it’s good to clear some doubts like, why exactly you should invest in the first place.
In this guide, we will discuss seven reasons why you should invest in gold coins. After reading the guide, you will be ready to invest and choose from a vast collection of gold coins. Read on!
Real estate is often considered a safe and reliable investment option as gold. But buying and selling real estate can become a headache, especially in turbulent economic conditions.
On the other hand, gold coins are quite easy to buy and sell. You can buy high-quality gold coins from a reputed jewellery store any time of the day. To buy it, you won’t even have to step outside of the home. Similarly, selling gold coins is also an easy process no matter what the economic conditions.
The price of gold generally goes up as the inflation rate increases. In a fast-growing economy like ours, inflation poses the biggest risk to cash. But historically, gold has acted as a hedge against the rising prices of goods.
So, consider investing a part of your savings in gold coins as it can save you from the deteriorating effect of inflation.
If you are the kind of person who invests and forgets about it for years, gold coins are the right option for you. Other investment options such as real estate or stocks need you to invest your time in them along with money. But you can keep gold coins in a locker without even touching them for years.
The prices of every investment option rise and fall which is called volatility. High volatility can make an investment option riskier. Gold coins, when compared to other popular investment options, had low volatility even in times of financial crisis.
An ideal investment option shouldn’t just give you returns but also be easily transferable from one generation to the other. In this aspect, gold coins are the ideal option. Whether you want to include them in your will or you want to gift them on special occasions such as marriage, gold coins are the easiest to transfer.
You might want to invest in riskier investment options such as the stock market to get higher returns. Even in this case, you should consider investing a portion of your total investment pool in gold coins as diversification can reduce the risk of your investment loss.
We already talked about how easy it is to buy and sell gold coins in the market. Well, an indirect benefit of this investment is that you can get a loan against your coins. You can pledge gold coins as collateral against secure loans from banks and other financial institutions.
Time To Shop!
Now you understand all the reasons why so many smart investors keep buying gold coins in all seasons. You can also join the club of these investors to reap the returns of this precious metal.
If you are looking for a reputed brand to buy gold coins, you can go for Mia by Tanishq. They offer an elaborate collection of pure Gold Coins. Browser their collection on their official website and buy your next coin from India’s most trusted jewellery brand.