Traditionally, Indians have always believed in investing in gold and considering the recent surge in gold prices, adding the precious metal in your portfolio could be a good idea.
Investing in gold protects one’s money against a political or economic change that easily affects other instruments like equity.
Moreover, making an investment in the metal need not be limited to the physical form. There are many ways to bet on gold in the paper form as well. One of the ways to do it is through mutual funds that are dedicated to investing in gold. These gold mutual funds mainly come in two forms: gold ETFs and gold savings fund.