Dollar and Rupee are man-made currencies but gold and silver are God made currencies.

       The shine of gold is hard to miss these days. It is up 20% in last 6 Months. Could this increase in gold prices be linked to the potential loss of US dollar’s position as the world’s leading currency? It is believed that this rise in gold is not led by usual factors like surging demand from investor seeking a hedge against rising inflation the demand surprisingly is from the central banks which now account for more than 33% of the monthly demand.
     Most surprisingly, the biggest buyers are countries from developing would which includes Russia, India and china and these countries are also trying to trade with each other own currency / digital currency more countries are cutting deals to trade without dollar. Including old US allies such as Philippines and Thailand.
Will this trend emerge as a savvier for gold and push it into a multi-year bull run? Will the US let the dollar become weak and prominent status? Interesting time ahead for gold investments.
    So we suggest you to consider investing Lump sum or start SIP in Axis triple advantage fund. (Combines three asset class Gold, Debt / Bonds and Equity). . . ..A blog by Santosh G Akerkar.