What is really a good time to buy Gold?

I’ve been tracking it since 2016 (~30k levels) recently breached 50k! Have not been able to make a buying decision yet (Too overvalued or still a good time?). Thoughts?

A very interesting articles which definitely tells me one thing that Sovereign Gold Bonds are better amongst securities that invest in Gold as an underlying.

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It has always been on the rise as you said @sneh.baxi

Gold is used by Dalio to everyone for hedging right? So maybe 3-8% portfolio should be gold. I used to accumulate via Gold Savings Plan by Paytm, but now recently shifted to Gold ETFs as they are much more efficient.

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I think gold is the safest bet out there , as it has some real value.
Its easy to liquidate. It gives good returns. Did i say its a safe bet ?

If you buy in physical form then you can also make badass jewellery out of it.
You cant wear your FDs around your neck. :slight_smile:

Also i consider investments like gold , real-estate to be a long term game. And in long term they always give good returns.

Jewellery, I just imagined how it looks against a money garland (vivid imaginations :stuck_out_tongue: )

But are you or anyone here buying Sovereign Gold Bonds in this tranche, applications close this friday right?

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My stock manager says Gold is like insurance, it’s not an investment as we Indians like to keep it with us rather than trading it away

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2 posts were merged into an existing topic: Are gold schemes by jewellers worth it?