Whenever the recession hit the world, the shine of gold always remained intact.

The crisis of economic recession is visible in the world. History is the witness that whenever economic crisis has hit people, then the investment made in gold has been of maximum use to them. That is, from the kings and emperors to our forefathers and even in the present time, ‘gold has always been’ a ‘firm friend’ of human civilization. Know when and how often gold has brought people out of trouble…

At the time of economic recession, there is a big decline in the stock market to currency trade. Compared to this, gold has always been a less risky investment. Not only this, its strength has been tremendous in fighting inflation. These things make gold a sure friend for investment…

1. The liquidity of gold is considered very good in the market. You don’t have cash to pay someone, you have gold. You can easily pay it in gold.
2. Gold is effective in fighting inflation. If we look at the record of the last 25 years, then gold has given an average return of up to 11 percent every year. Such returns are rarely available in any other asset.
3. It takes time to redeem property, shares etc. in the market. At the same time, the returns on these also depend on many factors, due to which their risk increases. Therefore investing in gold keeps your cash flow flexible.
4. If we look back in history, then it is not a very old thing. In the year 2008, the world faced an economic crisis. Then there was a rise in the price of gold. It emerged as a safe investment for the people.
5. In 2008, when the market recovered after the economic downturn, the gold price in dollars increased by 5.6 percent. Then it increased to 23.4 percent in 2009 and 29.5 percent in 2010.
6. After this, even during the COVID period, gold saved people from the economic crisis. Before the COVID crisis became widespread in 2020, where the growth of gold was only at the level of 18.9 percent. After the COVID crisis, in 2021 it suddenly saw a growth of 24.6 percent.
7. At present, when the economic recession is sounding. Then a sudden increase in the price of gold is being seen. They can soon touch the level of Rs 60,000 per 10 grams. Now they have crossed the price of Rs 58,000.

Got 467% return in gold

If we look at the last major economic crisis of the world, then in 2008 the price of gold was Rs 12,500 per 10 grams. Then when the crisis of COVID came after 2020, then gold touched the price of Rs 48,000 per 10 grams. Now the price of gold has reached more than Rs 58,000 per 10 grams. That is, the return on gold has been around 467 percent in 15 years.