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Monday, 8th March 2010 (1050 views)

Investing in gold can be seen as a safe haven for investors and a hedge against inflation, one financial planner has advised.

Rishi Nathany, writing for the Business Standard, says that there are many benefits that can be seen from investing in the yellow metal.

Firstly, gold helps to diversify a person's portfolio and is a less volatile option than other asset classes, such as equities, he suggests.

Additionally, it is a tangible asset and can be seen to provide protection against exchange rate fluctuations.

Mr Nathany goes onto advise that investing directly in gold bars or coins is a good means of acquiring the precious metal for investment purposes.

Lawrence Williams, writing for Mineweb, recently stated that due to the worldwide degree of nervousness regarding the value of currencies, gold is being seen by many investors as a stable option.

He added that this has been accentuated by countries such as China and India increasing their demand for gold jewellery and bullion products.

 

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