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After 2008, as the world lurched from one financial crisis to another, the price of gold rose to over Rs 35,000 per 10 g in 2013. It has since fallen precipitously to a five-year low-under Rs 25,000 for 10 g.
Where will the price of gold go now? How will it perform as an investment? And can we profit from it?
We all want to invest for the future-perhaps for retirement, for a child’s education or to build a nest egg. Whether you are an ordinary or professional investor, a student or an academician, you are faced with a bewildering array of portfolio choices. Where can you find a safe haven for investment that will give you a reliable store of wealth and value untouched by the turmoil of the modern world? In Going for Gold, Nanda Menon outlines the dynamics of the gold market, its demand and supply, its cost of production and geopolitics. Aimed at experts as well as the general reader, this book will answer all your questions on why gold is one of the top investment choices for wealth creation and preservation for Indians.
Imprint: India Portfolio
Published: Nov/2015
ISBN: 9780670087549
Length : 224 Pages
MRP : ₹499.00
Imprint: Penguin Audio
Published:
ISBN:
Imprint: India Portfolio
Published: Nov/2015
ISBN: 9789385890093
Length : 224 Pages
MRP : ₹499.00
After 2008, as the world lurched from one financial crisis to another, the price of gold rose to over Rs 35,000 per 10 g in 2013. It has since fallen precipitously to a five-year low-under Rs 25,000 for 10 g.
Where will the price of gold go now? How will it perform as an investment? And can we profit from it?
We all want to invest for the future-perhaps for retirement, for a child’s education or to build a nest egg. Whether you are an ordinary or professional investor, a student or an academician, you are faced with a bewildering array of portfolio choices. Where can you find a safe haven for investment that will give you a reliable store of wealth and value untouched by the turmoil of the modern world? In Going for Gold, Nanda Menon outlines the dynamics of the gold market, its demand and supply, its cost of production and geopolitics. Aimed at experts as well as the general reader, this book will answer all your questions on why gold is one of the top investment choices for wealth creation and preservation for Indians.
Nanda Menon is a managing director in the investment banking division at a leading international bank in London. He studied mechanical engineering at King's College London in 1990 before joining Arthur Andersen in London, on the oil and gas team, where he qualified as a chartered accountant (England and Wales). He has been working in the global natural resources sector (gold, diamonds, iron ore, coal, oil and gas) for over twenty
years. He is one of the oldest and most experienced international investment bankers covering India since 1994. In 2000, Businessworld ranked him as the No. 2 dealmaker in India. Menon is a regular speaker at investment conferences internationally and his letters on global macroeconomic issues have been published in the Financial Times.