Should you invest in Fixed Deposit or Gold?
When a risk-averse investor wants a low-risk avenue to invest the funds, fixed deposits and gold are good options to consider. However, some people consider gold as a risky investment due to external parameters. So, you may get confused by these two options. Let’s build your understanding as to how to make a choice between the two. Here are some points for comparative analysis that you should consider before making the final decision.
A Comparative Analysis
1. Risk Factor
Both gold and fixed deposits are considered as low-risk investments. However, sometimes the gold price in the short term can be volatile because the returns on gold will largely depend on market conditions. On the other hand, fixed deposits always maintain their value, no matter how long your FD tenor is and how lo...