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V Anant Nageswaran said that the relevance of gold as asset class will increase in the coming years. He said at the IGPC – IIMA Annual Gold and Gold Bazar Conference 2025 that gold will remain relevant not only as a value, but also as cultural and religious objectives, but also as an important portfolio diversification mechanism.
New Delhi. Chief Economic Advisor V Anant Nageswaran said on Monday that gold relevance will increase as asset class in the coming years. He said at the IGPC – IIMA Annual Gold and Gold Bazar Conference 2025 that gold will remain relevant not only as a value, but also as cultural and religious objectives, but also as an important portfolio diversification mechanism.
He said that until the world is able to reach the international monetary system from the current international monetary non-system, the importance of sleeping as the asset class will remain. In the last three months, the price of gold has increased by $ 200 an ounce or more than eight percent to $ 2,860 an ounce. Nagswaran also hoped that India would find ways to produce the gold assets with them productively.
Disclaimer: Prabhasakshi has not edited this news. This news has been published from the feed of PTI-language.
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