is it good time to invest in gold?

if yes, why and in what form?

PS. I have some lumpsum sitting idle in savings.

7mo ago

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DerpyUnicorn

Stealth7mo

If you are planning to hold for the long term(5+ years), then it's always a good time to buy gold. If you wish to diversify then you can put some in equity + FD + gold

DizzyWaffle

Cred7mo

thanks for the comment. I already have some equity and FDs. Planning to add some gold soon.

FuzzyMochi

Google7mo

Just bought 5 tola, always worth to preserve gold.

SillyPenguin

Salesforce7mo

Buy for long term

DizzyWaffle

Cred7mo

what form?

PrancingMuffin

WS Atkins7mo

Yes. But don't go lumpsum

SillyPenguin

Salesforce7mo

Why not?

SparklyBanana

Stealth7mo

Fuck that, did you know you can buy plots of land on the moon , like imagine

SparklyBanana

Stealth7mo

Also gold bonds seem to be a better option to people coz you can the same value guarantee without having to manage or hold the physical asset, so that might be helpful. But imagine, moon plot

JumpyPretzel

Citiustech7mo

Go for SIP scheme at Jewellers like Bhima Malabar
They offer some good schemes

Also gold mf you can invest

SparklyBanana

Stealth7mo

Fuck that, did you know you can plots of land on the moon, like imagine

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by DerpyDumplingInvestor

Is buying Gold good investment? And you bought online or offline ?

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by PerkyWaffleSenior Software Engineer

Should I invest in digital gold?

Since the stock market crashed and there was no sign of bouncing back for at least sometime for sure. Should I invest in digital gold? And app suggestions along with are also welcomed 🙂.