Gold is an essential commodity in every household due to its nature of shining and rare availability.
People buy gold as an investment or as an ornament, so let’s have a look at Pros and Cons of buying Gold
| PROS | CONS |
| The self-satisfaction of having gold | Needs significant money to buy Gold |
| By wearing gold ornaments we look rich | May not look rich by not wearing gold |
| Gold price appreciates as per Inflation | The gold price can depreciate due to decrease in Inflation |
| Gold price appreciates based on global demand vs supply | The gold price can depreciate due to oversupply/production |
| Storage, security, safety has to be taken care which adds cost Maintenance cost | |
| Risk of theft | |
| Risk of quality | |
| Liquidation (or) makeover charges during the exchange will erode the value of gold |
Please feel free to comment if you think I have missed any points.
