Not much. But I do look for a reliable means of sustenance just in the worst case the currency weakens or collapses. Overall, at least in the U.S., I found real-estate to be the best investment, if one can time it well (or can afford to hold onto it in "value down" times). But, gold works great in India, either as an investment or as a personal asset/status... even today. And I love the Indian craftsmanship! Exquisitely beautiful!!! 👌
Palki Sharma, It is Deepāwali... Diwali means bankrupt.... a morped term used by invading muslims to mock hindus.... Stop insulting us!!! and making danterus out of "Dhana Trayodashi" shows lot of Gujju money is being pumped into Firstpost.... Shame!!!
Indians will keep Investing in Gold irrespective of its price. Its a Tradition and custom. Government should make plans to Import Gold only in Indian Rupees for Longterm decades.
So this is one of the reasons that the Railways were built by Brits... Yes to transport the looted stuff of gold and artifacts of India... So, a thief breaks in to your 3 storyed house and uses a brand new ladder to climb up directly to windows, and steals almost everything but leaves behind the ladder, and someone says you that " ohh, so nice of thieves that they left a brand new ladder for you" 😅 Railways were something that eventually could be made anyways as the need arises.. but when Brits came to India, we had 25% of world economy, and when they left india, it was only around 2% ... Don't you think that a nation with the 25% of world's GDP can make railways!!! We could have made it sooner or later anyways... But yes they gave railways 🤪
I still can’t believe people give this stupid argument. According to their logic,if British didn’t colonise us,then we would have been riding horse and bullock carts today.
If the government of India/Bharat did not impose limits on gold import on NRI and Indian visitors from overseas the amount of gold import would have been astronomical.
Indian isn't the one. You forgot to look further north to Persia and into the Middle-East. The Mughal ruled India with their treasures from such places.
@@YouCantHandleTheTruth.Mughals are gone! Middle Eastern gold is ugly there’s no artistic craftsmanship in their gold unlike India given its rich culture it artistry and craftsmanship.
Gold is Great! The monetary system should be linked to Gold but isn't anymore! That way will change and when it reverts back to a Gold Standard we will see the prices skyrocket
@@sudhirchandra9790 jewelry is typically not 100% pure gold to begin with so it is based on what percentage that it is and then there is always a difference between buying and selling prices
I wish Palki shud have done lil deep dive into which states buy more gold for weddings. Southern states buy kilos of gold for the brides. Not grams, but kilos and kilos of gold.
Gold makes sound financial sense too, not gold jewellery... but just gold in pure form - biscuits, coins etc, because it's a finite resource and it's practically 'stardust'
Ms. Palki does lots of homework before her presentation. Good work and keep going. Gold can yield annualised 12% returns and obviously better than Bank FDs.
Gold / Silver buying is considered auspicious especially during Dhanteras / Diwali. It is synonymous with bringing goddess Laxmi to your house. Gold is a way to accumulate wealth better than stocks or even real estate 😂 Gold prices are denominated in $ and foreign currencies keep going higher. Gold prices keep going higher and higher - it’s a vicious circle.. So it’s a hedge for both rich and poor. Most people never sell the gold they buy. Gold demand is higher from countries like India, China and Middle East etc. although it’s mined elsewhere. The sad part is it’s price is kept higher for buying countries but if India and China decided to sell all their gold, the prices will crash.
In 1991 financial crises in India Dr Manmohan Singh demand Gold from Indian and safe economy and build country growth.... That's why don't forget your culture and tradition 🙏🇮🇳
Gold is a nice investment but for me, it is not as easy to sell in other countries as you think. It takes longer to sell it at fair price. If you are in a hurry the pawnshops only give you a small fraction for its price. If you sell a second hand jewelry it is usually cheaper than brand new. Most gold buyers only buy the gold by karat & weight. They don't care to give you the retail price. After 2 decades, my gold are just almost the same in value ( not counting the new ones that I bought of course.) Overall, it does not make you as rich as you may think. In my case, I may even loose some value from the original amount I paid for because like I said it's second hand and also, the design is now quite dated. I learned this in a hard way. Moreso, it's hard to keep it safe in your house and you spend more money to get a safe in the bank than what it's annual return. So for a better investment, I prefer buying real estates in good locations.
why just compare 10 year return you should have also mentioned 25 year return and 50 and 100 year return to see which provided better return. Also returns on physical gold are not taxable while shares are taxed
Gold has given 11.5 percent returns over last decade. Six percent is in dollars terms and Rs has gone down by average six percent per year. Six percent return is wrong as it is in dollars only but Rs has gone down as well, giving, 11.5 percent percent returns, and Sovereign Gold Bonds are tax free on maturity. No capital gain gain taxes with 2.5 percent yearly income
Gold and real estate.are real gold not only they r prcisious they give appreciation after even after consumption. If we really want our economy to boom then mutual fund and sip should be made restricted where the profitability of any share is much lesser than it's price. And money from every corner pour into stock market having no innovations in products and real value additions. Service sector like Ola, ubber, swiggy also do not add value to product or life they instead increase hassles on roads and pollution. So resultant value of gold increases every year. Financial advisor will never advise to invest in gold. But actually gold has given very good return. Be it real gold or gold bond. Financial advisor must be very poor economist. And if we buy house, we buy utensil, clothes, furniture. Which creates demand and so economy florishes every house unlike stock market where millionair corporate giant become multimillionaire inly by having their shares sky rocketed due to sip. So as per me sip is a slow poison for economy, people buy for their greed for money but eventually only corporate giants and Financial advisor get benefitted
Like every thing gold to will pass! Gold only has value because the India ppl believe in it. As soon as something else comes along. That thing will be valuable - it is what it is..
That is what attracted invaders to India. That continues to attract present day politicians. And hence they refuse to free temples from government control.
Gold is an excellent investment for the timeframe of a human. Someone who buys bullion gold coins as a form of retirement savings can accumulate big wealth in the span of 30/40 years of work, by adding ounces of gold to the stash, and by the market revaluation of those ounces across those decades. If anything happens before retirement, gold can easily be liquidated in times of need. Paper money in all nations today is designed to lose value to keep citizens poor, and to fund the endless public debt/deficit.
It's tradition and culture of Indian people. Generally Indians like to show off how rich they are. What is more ostentatious and showy than wearing gold.
you should do some price charts of gold and mutual fund returns over last 100 years and you will get an better answer. gold cannot be printed this is why the price rise mutual funds can be printed just like all paper currency and this is why they eventually fall in price
Chinese don't really 'love' gold. But ofcourse, the government holdings of gold of both countries has large difference. But seriously, can't talk the same when considering the population holdings of physical gold.
Do you invest in gold?
Leave a comment and let us know your thoughts
Not much. But I do look for a reliable means of sustenance just in the worst case the currency weakens or collapses.
Overall, at least in the U.S., I found real-estate to be the best investment, if one can time it well (or can afford to hold onto it in "value down" times).
But, gold works great in India, either as an investment or as a personal asset/status... even today. And I love the Indian craftsmanship! Exquisitely beautiful!!! 👌
Rather than gold, I would always prefer to buy the shop that sells it........ Yes the 'Titan'.
Absolutely
no only equities
Palki Sharma, It is Deepāwali...
Diwali means bankrupt.... a morped term used by invading muslims to mock hindus.... Stop insulting us!!!
and making danterus out of "Dhana Trayodashi" shows lot of Gujju money is being pumped into Firstpost.... Shame!!!
Indians will keep Investing in Gold irrespective of its price. Its a Tradition and custom.
Government should make plans to Import Gold only in Indian Rupees for Longterm decades.
Palki is pure Gold
😍
24K
Palkee is pure Goldi.
So this is one of the reasons that the Railways were built by Brits...
Yes to transport the looted stuff of gold and artifacts of India...
So, a thief breaks in to your 3 storyed house and uses a brand new ladder to climb up directly to windows, and steals almost everything but leaves behind the ladder, and someone says you that " ohh, so nice of thieves that they left a brand new ladder for you" 😅
Railways were something that eventually could be made anyways as the need arises.. but when Brits came to India, we had 25% of world economy, and when they left india, it was only around 2% ... Don't you think that a nation with the 25% of world's GDP can make railways!!! We could have made it sooner or later anyways... But yes they gave railways 🤪
I still can’t believe people give this stupid argument. According to their logic,if British didn’t colonise us,then we would have been riding horse and bullock carts today.
What a comment!!!
This !☝🏽
Internet Gold 😮🎉
Your comment is also 🪙
❤❤❤ great comment👌👌
If the government of India/Bharat did not impose limits on gold import on NRI and Indian visitors from overseas the amount of gold import would have been astronomical.
God Bless India and Happy Diwali!
The Padmanabha swamy temple in Kerala alone has USD 20 billion worth of gold in its coffers. I think India's gold reserves cannot be estimated easily.
true😂.
Also dont forget Sri Jagannath temple of Puri as well as Balaji Temple, AP.
@@TukulParidaTrue. The Ratna Bhandar of Jagannath Temple hasn't been visited (fully) for centuries now!!!
For most of its history India had been the richest place on earth (prior to 1800), so the country has a very vibrant jewelry, gold, and gems culture
Indian isn't the one. You forgot to look further north to Persia and into the Middle-East. The Mughal ruled India with their treasures from such places.
@@YouCantHandleTheTruth.Mughals are gone! Middle Eastern gold is ugly there’s no artistic craftsmanship in their gold unlike India given its rich culture it artistry and craftsmanship.
@@YouCantHandleTheTruth.It's actually the quite opposite
@@shaswatchatterjee3395 _"It's actually the quite opposite"_
Opposite of WHAT???
@@YouCantHandleTheTruth. The last sentence that you wrote in the statement
Yes, I am obssessd with gold.
Gold named Palki Sharma Upadhyay!
One of India's gems , gold , platinum! Basically our treasure! 😀
Our culture made us stronger
Being male I too feel overwhelmed by wearing gold ornaments and it gives inner happiness and safety to our self😍😍😍😍
I don't wear them but I really like exploring and viewing the varieties of designs for my mom. I'm fascinated by the beauty of gold jewelry.
@@Remy4556 i mean ornaments that is not the one which is weared by all womens, just a simple man things like chain, ring, bracelet ect🤷♂️
@@Karthick_KS me too lol. Wearing gold just makes me a different person.
Gold makes ur personality gold
Its emotional affair ❤ buying gold every occasion.
Gold is Great! The monetary system should be linked to Gold but isn't anymore! That way will change and when it reverts back to a Gold Standard we will see the prices skyrocket
Gold has been expensive for years. It's a shame, I love gold.
@@maribel238 yes, it appears to be expensive right now but in 5 to 10 years from now you will kick yourself if you didn’t buy at least a little.
Do they cut any percentage of price if we sell jewellery
@@sudhirchandra9790 jewelry is typically not 100% pure gold to begin with so it is based on what percentage that it is and then there is always a difference between buying and selling prices
@@jackmann8064True. The best jewellery are made of 22K gold. Not pure though
Trust me guys.... Indians really look dashing when they wear simple and classy gold jewellery
As a wise person once said, don't buy beer. Buy the company that sells water to the brewery.
Huh?
Dont eat food invest
Don't buy a house, buy the company that sells cement to the builder.
Don't buy the woman... buy the gold that gets the woman.
Don't buy a toilet, buy the toilet paper.....oh wait.....
For us, you are pure gold, Ms. Palki
I love gold, so I must be indian in DNA. ❤❤❤❤
VERY PLEASING TO HEAR . INDIAN HOUSEHOLD ALONE IS RICHER TO US GOVT BY 3 TIMES...😇🥰
India is crazy about gold. Gold is good to look at. Men and ladies love it. Don't invest in it just wear it and enjoy it.
Gold is real wealth. Cash is nothing more than toilet paper.
@@suraj1311That's true, but we have to comply with the present system. Cash is practically just a piece of paper, a cheap cheap commodity.
I wish Palki shud have done lil deep dive into which states buy more gold for weddings.
Southern states buy kilos of gold for the brides. Not grams, but kilos and kilos of gold.
Kerala and Tulu nadu maybe.
AP, KA, TS women, it depends
But most women have atleast 250 gm
@ranjithagirish3879 ever seen Karnataka jewellery
Happy Diwali to all 🪔🪔🪔🪔🪔🪔
It is Deepāwali...
Diwali means bankrupt.... a morped term used by invading muslims to mock hindus....
Gold makes sound financial sense too, not gold jewellery... but just gold in pure form - biscuits, coins etc, because it's a finite resource and it's practically 'stardust'
Try selling the gold and they will never give you the price its worth!
@@saraswatkin9226 buy share. Then check its profitability viz a viz it's share price. U will find dust only no gold
@@saraswatkin9226then trade it!
Palki is our gold in Firstpost❤
This day was supposed to be Dhanvantari divas (day of health) that became Dhan teras (day of wealth) 😕😕😕
For a say health is wealth or vice versa
Ms. Palki does lots of homework before her presentation. Good work and keep going. Gold can yield annualised 12% returns and obviously better than Bank FDs.
With all the world’s currencies on the brink of collapse, all that gold in India will soon make them one of the richest countries in the world.
In corona period Bcz of gold many people's saved there ass
Now Indian investment is both on gold and stock market
Gold is like part of our life since ancient times, & it's compulsory for Hindu women
Actually, it isn't necessary. It was pretty normal before the invasions happened.
Very nicely put !
You are a geart news person Palki Sharma !
Happy Diwali to you and all your fans 🎉
In gold we trust ❤
I love Indian gold designs ,Africa should have traditionally gold designs also
You are a gold of india
Gold / Silver buying is considered auspicious especially during Dhanteras / Diwali. It is synonymous with bringing goddess Laxmi to your house. Gold is a way to accumulate wealth better than stocks or even real estate 😂 Gold prices are denominated in $ and foreign currencies keep going higher. Gold prices keep going higher and higher - it’s a vicious circle.. So it’s a hedge for both rich and poor. Most people never sell the gold they buy. Gold demand is higher from countries like India, China and Middle East etc. although it’s mined elsewhere. The sad part is it’s price is kept higher for buying countries but if India and China decided to sell all their gold, the prices will crash.
oops
"Companies give gold coins as bonus"
🤔🤔
Which company
I want to join it
18yrs ago I worked in a reputed school in Chennai and got a 1gm gold coin as Diwali gift.
I just bought this set of bangles 😂
Last tag line next level 😀
All government central banks also loves and buys gold...not just Indian house hold..government central banks don't invest in stock market..wake up
In 1991 financial crises in India Dr Manmohan Singh demand Gold from Indian and safe economy and build country growth....
That's why don't forget your culture and tradition 🙏🇮🇳
In Hinduism.... Gold is Best ❤
Well explained
Well done India.
Gold smart move. Jewelry not so much. Middle East is getting better. Bay of Bengal still a worry. Not to worry.
🎉🎉🎉 happy Diwali. .
Gold business the return is high, not the case of buyer who bought it has ornaments. In resale buyer doesn’t get true value.
I admire Ms. Sharma's gold earrings, bracelet and rings. The gold fringe on her dress sleeves is also very nice. 😁
Glad that you mentioned this time to ask your financial advisor
Gold is a nice investment but for me, it is not as easy to sell in other countries as you think. It takes longer to sell it at fair price. If you are in a hurry the pawnshops only give you a small fraction for its price. If you sell a second hand jewelry it is usually cheaper than brand new. Most gold buyers only buy the gold by karat & weight. They don't care to give you the retail price. After 2 decades, my gold are just almost the same in value ( not counting the new ones that I bought of course.) Overall, it does not make you as rich as you may think. In my case, I may even loose some value from the original amount I paid for because like I said it's second hand and also, the design is now quite dated. I learned this in a hard way. Moreso, it's hard to keep it safe in your house and you spend more money to get a safe in the bank than what it's annual return. So for a better investment, I prefer buying real estates in good locations.
Palki is Precious
why just compare 10 year return you should have also mentioned 25 year return and 50 and 100 year return to see which provided better return. Also returns on physical gold are not taxable while shares are taxed
thank you Palki.
I would not be surprised to learn India’s temples collectively have more gold than US reserves
Palki ji aapne bola to hum Gold lenge hu lenge 😅
Happy Dhanteras🙏🙏🙏
That's a smart move for Imdians. When government is in crisis, he can call on the Indian gold market .SMART !
It actually happened in 1991
House hold gold has nothing to do with security or trust.Gold is just passion and love for Indian women.Economics is just a side effect.
Why not! It is passed down the generations and not simply given to outsiders.
sleep in peace, with gold 🤣
You explain better but you have only present data no one know how much gold have indian women ....30 cr women × 20gram = you can calculate
I love your voice ma'am. God bless you.
Gold has given 11.5 percent returns over last decade. Six percent is in dollars terms and Rs has gone down by average six percent per year. Six percent return is wrong as it is in dollars only but Rs has gone down as well, giving, 11.5 percent percent returns, and Sovereign Gold Bonds are tax free on maturity. No capital gain gain taxes with 2.5 percent yearly income
Your style of news reading is precious than gold
But here in North East meghalaya,,, the price for gold is very high and its increasing daily...
always equities ... strict no to commodities... NIfty cagr for last 15 years out beaten gold
wow
Gold and real estate.are real gold not only they r prcisious they give appreciation after even after consumption.
If we really want our economy to boom then mutual fund and sip should be made restricted where the profitability of any share is much lesser than it's price. And money from every corner pour into stock market having no innovations in products and real value additions. Service sector like Ola, ubber, swiggy also do not add value to product or life they instead increase hassles on roads and pollution.
So resultant value of gold increases every year. Financial advisor will never advise to invest in gold. But actually gold has given very good return. Be it real gold or gold bond. Financial advisor must be very poor economist.
And if we buy house, we buy utensil, clothes, furniture. Which creates demand and so economy florishes every house unlike stock market where millionair corporate giant become multimillionaire inly by having their shares sky rocketed due to sip.
So as per me sip is a slow poison for economy, people buy for their greed for money but eventually only corporate giants and Financial advisor get benefitted
Very useful information Mam
love this channel
Like every thing gold to will pass! Gold only has value because the India ppl believe in it. As soon as something else comes along. That thing will be valuable - it is what it is..
Indians have taste
Southern Indians they love yellow metal 😂..
Hindu temples has more gold 😂😂
That is what attracted invaders to India. That continues to attract present day politicians. And hence they refuse to free temples from government control.
End of the day palki also Indian women 😂 loves gold
That's is very clever. Gold is still the safe haven
Gold is our bitcoin for centuries
Gold 🥇
शुभ दीपावली पालकी
Uff gotta buy some gold for my futureself
Gold is an excellent investment for the timeframe of a human. Someone who buys bullion gold coins as a form of retirement savings can accumulate big wealth in the span of 30/40 years of work, by adding ounces of gold to the stash, and by the market revaluation of those ounces across those decades. If anything happens before retirement, gold can easily be liquidated in times of need. Paper money in all nations today is designed to lose value to keep citizens poor, and to fund the endless public debt/deficit.
Invest in Gold for security.
I'm Allergic to Gold. Can't wear. Even in chains. I get all red I only use real silver
Wear soft edged gold
Collect Gold.... It's a great investment
BECAUSE INVEST IN BANK MALYA 'S & NIRAV 'S LOOTED FROM BANK ...... SO PEOPLE INVEST IN GOLD .....ANY TIME MONEY ......
Gold 10X on they way folks
It's tradition and culture of Indian people. Generally Indians like to show off how rich they are. What is more ostentatious and showy than wearing gold.
It's not to show off it's just natural cause we were the first ones to mine both gold and diamonds
Stop buying gold instead buy GOLD BOND (RBI’s SGB) so that our country’s money remains on our land not on others
I prefer the $$$$$❤
Satt saheb ji
An essay on gold
❤❤❤❤
Investing gold is dead investment.. rather put in mutual funds
Mutual fund investments are subject to market risks. Read all scheme related documents carefully before investing.
you should do some price charts of gold and mutual fund returns over last 100 years and you will get an better answer. gold cannot be printed this is why the price rise mutual funds can be printed just like all paper currency and this is why they eventually fall in price
Gogogo
palku is gold
You meant to say Indians and *Goldi,* a love affair.
🥳🥳🥳
Unconditional right to stop our own life whenever we want medically. My body my choice. Freedom
Keep gold I’d better than keeping worthless Rupees
And they say India is a poor country lol
Gold gold very rich Indian but why does millions Indian sleep on the street and No foods
What country are you from?
❤
She did not mention about China for a reason
Chinese don't really 'love' gold. But ofcourse, the government holdings of gold of both countries has large difference.
But seriously, can't talk the same when considering the population holdings of physical gold.
Tungsten rod is a much better buy.and It is worth its weight in gold. (;-) lol
Only Palki
I don't have gold 😔🥺