Sir I have surplus of 25 lacks in account. Can i invest in gold (can i buy gold) ?
Ans: investing in gold can be a part of a diversified investment strategy. Gold has historically served as a hedge against inflation and economic uncertainty. You can consider buying physical gold in the form of gold coins, bars, or jewelry, or you can invest in gold exchange-traded funds (ETFs) or gold mutual funds. However, before investing, consider factors such as your investment goals, risk tolerance, and the proportion of your overall portfolio allocated to gold. Additionally, it's advisable to consult with a Certified Financial Planner to ensure your investment decisions align with your financial objectives.