Why Gold Investment ?

People buy gold for various reasons:
Gold is popular in industrial applications as gold has a high resistance to corrosion. It is malleable, ductile, and possesses high electrical conductivity. Gold cannot be destroyed easily. It does not tarnish and is also not corroded by most of the acids – except by a mixture of nitric and hydrochloric acids.
Gold forms an integral part of many industries. The jeweler industry the major user of gold since gold has aesthetic appeal and its beauty recommends it for ornament making above all other metals.
Gold is an important part of religious and social customs in many countries even today. It is also still used as a form of saving.
Nowadays many Central Banks have been selling off huge amounts of their gold reserves. As a result the international price of gold has dropped in the last few years.
Also, buying of gold can prove to be a safe and parallel investment. Due to uncertainty in the stock market and the value of the US dollar, it’s a good idea to put 10-20% of your money into a hedge fund in order to protect yourself. Because they have relatively stable values gold and silver have always been considered to be safe and sensible parallel investments.
Timothy Green, a well-known gold expert, says:The great strength of gold throughout history has not been that you make money by holding it, but rather you do not lose money. A research study has shown that gold has maintained a consistency in its purchasing power. Records shoe that this constant has remained for over four centuries, right from the mid-twentieth century to the middle of the seventeenth century.
So we can safely say that despite recent hiccups, gold is an important and popular investment which smart investors cannot ignore.