CBSE BOARD XII, asked by Anonymous, 6 months ago

question no1.........
........

What is gold?
Why people falls in it?
covering is also seems like gold but why people like gold ?
answer it......​

Answers

Answered by rinkichakraborty8741
0

Answer:

Buying gold is the oldest kind of investing activity and the one about which opinions are most polarised. There’s the traditional Indian view of gold—it is an excellent passive investment, protection in bad times and households should invest in it. Here, gold is seen as an easily bought and easily liquified asset that can be relied upon to appreciate well. The second view is that gold is a commodity to be traded like other commodities. This is the view taken by punters and traders but is the least relevant to the individual saver. The third view, which I think makes the most sense, is that while gold can certainly be viewed as an investment, it’s just not a very good one. Not only do the returns tend to be poorer than other investments, there are fundamental reasons why this will always be the case.

Explanation:

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