Investment
Gold is considered as an investment that has traditionally given good returns. The demand for gold in India is such that it is considered an even better investment than stocks, shares, debentures or even fixed deposits or real estate. Moreover, unlike other investments, one can invest in small amounts. Hence it is the most preferred choice in rural India. Many in India pledge gold when they are in need of money and get gold loans.
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Gold is considered as an investment that has traditionally given good returns. The demand for gold in India is such that it is considered an even better investment than stocks, shares, debentures or even fixed deposits or real estate. Moreover, unlike other investments, one can invest in small amounts. Hence it is the most preferred choice in rural India. Many in India pledge gold when they are in need of money and get gold loans.