The usage of gold and the investment analysis based on gold rate in India

Vanitha S, Saravanakumar K

Abstract


Gold is one of the main commodities where the customers invest their money comparatively with bank for better interest. In the Indian context people purchase gold for their children’s marriages for later period. The investment in gold is better suits for easy conversion into money with quickest possible time from the bank and gold merchants. The appreciation or depreciation of gold based on other investment options like fixed deposit, provident fund, international crude oil price, stock market, mutual fund etc. The comparative analysis of gold with other investment options give an edge to the customer to clearly understand the investment pattern for their hard-earned money expected to give good returns in the future.

Keywords


appreciation; commodity; gold reserve; investment; purity; stock market;

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DOI: http://doi.org/10.11591/ijece.v9i5.pp4296-4301

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International Journal of Electrical and Computer Engineering (IJECE)
p-ISSN 2088-8708, e-ISSN 2722-2578