It makes eminent sense for small investors to include gold as a part of their asset allocation plans. Gold does provide a hedge against inflation and a falling currency.
Indians buy gold in physical form - mainly as jewellery, but sometimes to turn their dark-coloured money into a brighter shade. A better way to invest in gold is to buy gold ETFs or gold funds.
So, is this a good time to invest in gold? Have a look at the interesting long-term chart of gold compiled from Rosland Capital's gold-based IRA page and decide for yourself:
Given below are the events and the corresponding gold prices: