Whenever talk about Gold happens in India, the eyes of the investors lit up. True Indians are more attached towards the Indian metal and there are solids reasons to be bullish on it too. None of natural or man-made catastrophes have made gold price go down confirmed from a website which holds the historical prices since 1901. (Kit co Metals)
Last year Gold provided the splendid return of 31% where as the equity markets shaded away and remained choppy.
But its pretty important to analyze and understand the real scenario, In dollar terms the return on the gold last year is only 10.5 %. The Rupee free fall has been a major factor behind those inflationary gains of 31%.
