Open AccessThe usage of gold and the investment analysis based on gold rate in India
Author(s) -
S. Vanitha,
Kandasamy Saravanakumar
Publication year - 2019
Publication title -
international journal of power electronics and drive systems/international journal of electrical and computer engineering
Language(s) - English
Resource type - Journals
eISSN - 2722-2578
pISSN - 2722-256X
DOI - 10.11591/ijece.v9i5.pp4296-4301
Subject(s) - depreciation (economics) , gold as an investment , investment (military) , stock (firearms) , consumption of fixed capital , business , economics , gold standard (test) , commerce , monetary economics , finance , market economy , mechanical engineering , capital formation , financial capital , politics , political science , law , engineering , human capital , statistics , mathematics
Gold is one of the main commodities where the customers invest their money comparatively with bank for better interest. In the Indian context people purchase gold for their children’s marriages for later period. The investment in gold is better suits for easy conversion into money with quickest possible time from the bank and gold merchants. The appreciation or depreciation of gold based on other investment options like fixed deposit, provident fund, international crude oil price, stock market, mutual fund etc. The comparative analysis of gold with other investment options give an edge to the customer to clearly understand the investment pattern for their hard-earned money expected to give good returns in the future.