Asset Class Outlook – Gold

 In Blog

Gold has lost its Glitter

  • Indians have 25 to 30% of their networth in Gold! However the CAGR returns for Gold are starting to drop
  • Prices in India are inflated by 10% due to the imposed tax – this tax is expected to be removed and will further erode the price of gold
  • To a large extent Gold prices are linked to central bank policy regarding their reserves

RISKY TO LINK OUR FUTURE TO PRICE MOVEMENTS IN A SINGLE COMMODITY!

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