International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 7, Issue 2 (March-April 2025) Submit your research before last 3 days of April to publish your research paper in the issue of March-April.

The Allure of Gold: Exploring the Popularity of Gold as an Investment Choice.

Author(s) Zeena Premila Cutinha, Dr. S. Sriranjani Mokshagundam
Country India
Abstract Gold has been a symbol of wealth, power, and cultural significance throughout human history, from ancient Egyptian artifacts to its role as a stabilizing economic asset in modern times. Its unique chemical properties, including resistance to corrosion, malleability, and conductivity, make it invaluable across diverse applications, including jewelry, technology, and art. This study delves into the perspectives of individuals, investors, and nations on gold. From an individual’s point of view, particularly in cultures like India, gold symbolizes status, tradition, and financial security. Investors value gold as a safe-haven asset, a hedge against inflation, and a tool for portfolio diversification, leveraging instruments such as ETFs and derivatives. For nations, gold plays a pivotal role in monetary policy, currency stabilization, and as a strategic reserve asset during economic crises. A survey will complement this analysis by exploring why people invest in gold, considering emotional, cultural, and financial motivations. By examining the historical, cultural, and economic importance of gold alongside contemporary views, the study aims to highlight its enduring relevance in global society and its multifaceted impact across personal, financial, and national domains.
Keywords Gold, Cultural Significance, Investment, Inflation, Historical value, Estimated value.
Field Business Administration
Published In Volume 7, Issue 1, January-February 2025
Published On 2025-02-26
DOI https://doi.org/10.36948/ijfmr.2025.v07i01.37758
Short DOI https://doi.org/g86w7w

Share this