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Gold near Rs 52,000. Does it make sense to invest now?

Gold prices soared to new record highs on Monday morning driven by strong investor interest due to the rising US-China tension and global economic uncertainty. Gold futures hit an all-time high of Rs 51,833. Gold mutual funds have delivered a whopping 43.16% return in one year, beating all the other asset classes. Gold funds have got no default risk, no credit risk. Experts advise investors to invest in gold funds via SIPs. Experts believe that till the time there is no clarity on the pandemic going away and the forthcoming US elections, gold will continue to benefit in near term.

Read More at The Economic Times News date : 27 Jul 2020, Monday

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