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Gold is third-most popular investment
Why is it in the news ?
- Gold is the third-most popular investment choice among retail investors, according to the latest consumer survey by the World Gold Council.
More in the news
- Gold is the third-most consistently bought investment- 46% of global retail investors have chosen gold products.
- Gold is only behind savings accounts (78%) and life insurance (54%).
- About World Gold Council:
(1) The World Gold Council or the WGC is a nonprofit association of the world's leading gold producers.
(2) The WGC was established to promote the use of and demand for gold through marketing, research and lobbying.
(3) It is headquartered in London.
(4) The WGC covers the markets which comprise about three-quarters of the world's annual gold consumption.
Source
The Hindu.