Planes, iPhones, soda cans, electric cars and appliances, aluminium is key to modern life and the global economy. It is trading at a three-year high, near $2,900 per metric ton.
Gold has a track record of increasing in value in times of market stress. Owning gold is also rooted in Indian and Chinese cultures, 2 of the world’s largest markets for the metal, where jewellery & bars are passed down through generations.
The retreat in prices this week, while huge for such a steady asset, has still only brought gold back to where it was little more than a week ago. The metal is still up this month, and has gained about 55% this year.
Gold is now firmly established as another investment asset, along with stocks and bonds. These days, its investment role is as part of a diversified portfolio, not as a hedge.
The gold price today in Mysore isn’t just a plain number, it’s an opportunity to maximise your investments. Learn how to make informed buying, selling, and borrowing decisions based on the gold rate today
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