Ask Value Research

What is your opinion on Gold ETFs?

Dhirendra Kumar suggests to stay away from gold from an investment perspective

What is your opinion on Gold ETFs?
-John

Indians are fond of gold and buy jewellery. It is meant for consumption but we pretend it's an investment. My long-term view on gold is that it is an unproductive asset. It doesn't help whether you buy it in form of Sovereign Gold Bonds, Gold ETF or a gold fund. Equity and fixed income are the core financial investments which should be pursued and nothing else. If at all you need to have something else, then there are different things coming up like a recurring deposit in Sovereign Gold Bonds which is in planning phase. That is something to keep an eye on, but as an investment, stay away from gold.

This article was originally published on December 28, 2017.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Mutual Fund Insight turns 24! 🎉 Get 2 FREE anniversary guides: The Right SIP + The Big Funds