COVER BY INSURANCE

Gold  From Insurance To Investment You need to invest your money to make it grow and also insure it to protect yourself against any economic crisis.  The two key pillars of any financial portfolio are investment and insurance. While the reputation of gold as insurance is well established, gold has also proved itself as a lucrative investment asset that yields returns even in strong economic times. We can see that gold has outperformed some of the most fruitful investment assets in the past. Gold’s value in the long term is supported by economic growth. Not only does it act as a hedge against inflation, it also provides unbeatable returns over the long term. Unlike other asset classes, the value of gold transcends geographical boundaries and sovereign currencies. It is easily available and transparent, and yet provides better liquidity than any other asset. Buying and selling of gold has taken various forms these days. Apart from physical gold, gold  Exchange Traded Funds (ETFs)  and di

  Gold as insurance Insurance of any form is supposed to protect you by mitigating the damage caused by any unforeseen crisis. And for your financial portfolio, gold does exactly that. Given its low correlation with major asset classes like stocks and bonds, gold tends to perform well during an economic crisis. Take the stock market crash of 2018, for instance. During this time, investors found shelter in their gold investments. It compensated for their losses and provided them with liquidity. Even during times of inflation, when prices are at their highest, gold acts as a safety net for investors. Given its limited supply and intrinsic value, the demand for gold never goes down, and neither does its price. Not just that; investors also use gold as a hedge against currency depreciation. When the dollar gets weak, gold tends to get more expensive. Hence, people turn to gold as a haven when paper currency seems to be under threat. Historically speaking, when currencies are demonetised, o