Why Such Trust

In the above paragraph we have already told no me that even though the value of other commodities is decreasing, the prices of your Gold are increasing at a very fast rate. Many people ask us why this is so that people have such great trust in gold and not in other commodities. The recent failure of the silicon valley bank is one of the biggest examples of why people prefer to put their money on safer commodities such as jewellery. The recent Adani fiasco is also a prominent example when because of the market fluctuations those people who have invested in the share market lost a great deal of their money.

Because gold is one of those commodities that have been around for hundreds of years now people have its trust factor associated with it. This means that they know even if the value of other commodities starts going down they will still receive a price higher than what they have invested in their jewellery. Even when various governments have to purchase international commodities they do it by trading in gold. A couple of tickets ago gold was considered a benchmark on which country foreigners can afford its foreign reserves. This is why people know that the importance of gold is way higher than any other investment in the market.