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There are two kinds of people who are very keen on buying gold. First, the people who just can’t resist the aesthetic value that a piece of jewellery offers. And second, people who look at gold as an incredible asset for investment. But is the purchase of physical gold really worth your money? Yes, it is! Here’s how-
1) The Risk Of Inflation :
The value of physical money is lost in the long run as inflation causes it’s value to depreciate. Add to that, the money is in a developing country like India where inflation is likelier than not. On the other hand, gold is an asset that has always outperformed inflation, and it helps you get the right value, regardless of the inflation.
2) Buy & Sell Effortlessly :
Buying any asset is less of a problem as compared to selling it. But, that’s not the case with gold. If you ensure that you buy gold from a trusted & reputed jeweller who provides the right hallmark, you shall face negligible to no difficulty in liquidating your gold assets. You can sell it off at a price prevalent at that point in time.
3) Easy Loan Against Gold :
When you opt for a loan, it is provided against the assets that you have. Valuations of other assets might differ, influencing your loan amount. But the valuation of gold in the then prevalent rates is easy and transparent, which eventually helps you get a loan against it with consummate ease.
4) Ideal In Emergency :
Many times, people sell off their assets at lesser prices just to get money in an emergency case. Real estate property is a fine example. The sale is completely dependent on the kind of deal that comes through in a short time frame, and people tend to offer lesser rates banking on your urge to sell off the property as soon as possible. But, in case of selling gold, you can get a good price as per the ongoing gold rates. Thus, even if you want to have assets for an emergency fund, there’s no better asset than gold.
Want to buy the finest gold to secure your future? Om Jewellers can help you get quality, hallmarked jewellery with unquestionable purity! Visit the showroom and explore a splendid variety of jewellery that gives you great aesthetic and monetary value, even in the long run.
