Should You Buy Gold This Akshaya Tritiya?

Gold is Indians favourite precious metal and also serves as a rescue against inflation over a period of time. And whether or not this Akshaya Tritiya which falls on May 7, 2019, you should consider purchasing gold, we here share a though on it, which will help you take a wise and quick decision to be just right on your investment decision: In times of geopolitical stress and slowing economic growth, gold as an asset class gives a better return. And any sharp volatility in the equities market provides reasonable returns for investors in gold with demand surge providing a boost to its price, gold thus is considered traditionally as a safe-haven in times of economic distress.Advertisement Over a span of a decade, gold has outpaced inflation rate providing real returns to its investors. Real return is the return fetched by an investor after accounting for the rate of inflation. And as reports suggest, the yellow metal over 10 years has provided a higher annualized rate of return on gold. Nowadays, seeking the need for immediate liquidity, banks and financial institutions are also considering mortgage of gold as underlying security which on the basis of the value provides funds to the borrower. Real estate is the most difficult asset to sale but when it comes to gold it can be easily sold to the online dealers or a jewellery shops near you and based on its purity and the current market rate, you can redeem funds from selling the asset.After all, this is said and done, we recommend buying gold in SGB form as against jewellery if you are not going to use it in recent time as you can save a great deal on its cost in relation to holding while also earning a good 2.5% interest on the investment.GoodReturns.in