According to the reports, buying and selling of gold between the starting three months of 2021 grew by 37% as compared to the year 2020.
The demand for gold was 216.1 tonnes as recorded during the first 6 months of this year, according to The Economic Times.
The demand of gold rose a lot in the past few months, there are several reasons behind this. From an increasing interest of investors in the share market to the conservative nature of Indian population to deal with uncertain situations with the help of gold.
As the impact of COVID is reducing day by day, people are starting to invest in gold and SGBs in Delhi NCR. However, it is good to consider gold at the time of making investment to get profits timely.
Along with several commodities such as natural gas and crude oil, gold is considered to be one of the best and most traded commodity. Gold works as a protection against the attack of inflation on the savings of a person, and this is why, more and more people opt to invest in gold, to save themselves from inflation and other uncertainties.
In the past, investing in gold was difficult as the investor had to buy and sell and store the metal itself; nowadays, anyone can invest in SGB’s in Delhi NCReasily guaranteeing regular returns with capital protection.
Investing in gold is just one investment method, however, just like other financial tradable assets, investing in gold involves trading this commodity to generate maximum earnings and to save yourself from inflation or a falling market.
There are many ways to invest in gold, of which the most preferred and conventional is to buy gold in the physical form. Today, however, there are some alternative ways an investor can choose from to buy or invest in gold. These include gold ETFs (Exchange Traded Funds), gold funds, gold investment schemes, gold mutual funds, Sovereign Gold Bonds etc.
Resistant to inflation!
Inflation is perhaps the word that individual and commercial investments fear the most. But one of the most important details you need to know about gold is; the fact is that gold is a financial product that has a very high protection feature against the inflation monster. In summary, gold investment prevents individual savings from losing value in the face of inflation.
If you are very new in this field, gold is definitely a good asset to start with. Brokers like RKFS suggest its customers the easiest way to enter the gold market through investing in SGB’s in Delhi NCR.
With its expert and experienced staff, it provides quality and reliable service to individual and institutional investors in the fields of Stocks, Mutual Funds and Gold and gold related instruments.RKFS provides brokerage services in capital market instruments, investment consultancy and advisory services to its individual and corporate customers.
The firm also provides a broad perspective of information flow to its customers about the direction of their investments, and provides analysis and recommendations about capital market instruments and other investment opportunities.