Gold As Investment: Instruments And Trends

Gold is called the King of metals because it is amongst the first metals to be mined. For thousands of years, it has been popular as a global currency and an investment. It is virtually indestructible, fungible, highly liquid and can also be mobilized easily and quickly. These features differentiate gold from other assets. Gold is no longer confined to jewellery but is becoming a preferred investment tool. It is liked for its potential for appreciation. Gold is also considered an insurance against unforeseen calamities. A substantial number of investors prefer to invest in gold, as it is understood that, in case of collapse of monetary systems, only gold would have value. Nowadays, investors do not prefer to invest in material gold. Instead, they prefer investments in newer forms like Gold Exchange Traded Fund, Gold Certificates etc. This is because it is easy to carry/transfer bonds and certificates and there is no fear of theft. Gold is also popular as an asset diversifier. It is still in the initial stages of what many financial experts see as a long-term bull market. This book is useful for management students and the investors of the world to become well versed with the emergence of Gold as a medium of investment. It will also help them in understanding future trends of investment in Gold. It is an informative contribution as it is a collection of various articles compiled together with the objective of giving a comprehensive picture of the current trend of investment in Gold.