The Glittering Portfolio – A Study with Special Reference to Performance of Gold Investments

R  Uppily; M. S. Ramaratnam

doi:10.21844/mijia.17.1.10

R Uppily Department of Management Studies, Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya Kanchipuram
M. S. Ramaratnam Department of Management Studies, Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya Kanchipuram

DOI: https://doi.org/10.21844/mijia.17.1.10

Keywords: Gold, Portfolio management, Gold ETF, Sovereign Gold Bond

Abstract

Gold has been one of the traditional and essential forms of the asset in India; even today, gold ornaments are considered one of the necessary investment forms as they can be pledged or converted into cash when there is a financial crunch. Gold investments in electronic format have become popular in India from 2002 onwards. Investors always get confused on whether they should have gold in their portfolio and whether they should have it in physical form or electronic form. Prices of gold have been fluctuating based on demand and supply. This case study tries to analyze whether gold should be part of an investment portfolio.