Nikunj Soni

Gold has been on a fantastic bull run. It has gone up by more than 500% over the past decade. But according to experts, the rally is expected to end soon and gold prices may come down. Investing in gold has always seemed a good idea if you want to make a bit of money but with current gold rates at an all time high, is it the time to be fishing through your jewellery box looking for gold items to sell, or is it the time to think about buying some to add to your assets? Warren Buffet has perhaps explained gold the best. He said that gold gets dug out of the ground in Africa, or someplace, then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head. But even then people invest in it. This is because gold is not regarded as an investment, but very often as the ultimate resort in times of crisis. And we are living in one. Gold does not suffer from the defects of other investmen...