Gold is on everyone's mind

‘How about buying some gold now?’ is a question on everyone’s mind. Yes, gold is certainly an asset class that will give you satisfaction. It has done so for generations!

Elders in the family have tales to tell about how gold was Rs 300 per tola (10 grams), when they got married. (Grandparents will tell you it was Rs 30 per 10 gms)

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What is the chance of gold touching Rs 30,000 per 10 gms? Listen to experts talk on prospects for gold.

The gold demand is high as central banks around the world hoard it as a hedge against volatility in international currency and markets. Besides, India continues to be the big driver for the demand.

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There is only one mantra here. Spread your risk across diverse assets.

It is important that an investor is not over-exposed to one asset class. To build wealth, one needs to have real estate, stocks, bonds and gold in equal proportion in the portfolio. A steady stream of money into these each month can make you wealthy.