Gold merits a seat in larger investment portfolio
NEW DELHI: Down the ages, people have hoarded gold as a proven stock of value even in uncertain times. In civilizations like India and China that have witnessed invasions, disastrous natural calamities and at times mass migrations, gold has become the ultimate investment portfolio. No wonder, every family and every place of worship in these two Asian giants have hoarded gold. Two years ago, the Tirumala Tirupati Devasthanams at Tirupathi, which manages one of the world’s richest temples, deposited 2,780 kg of gold with the State Bank of India under…
Read More