A way to safeguard your investments against the dangers of stocks price falls, fluctuating rate changes, inflation, rising/falling real estate prices, natural calamities, wars and more.

If ever there was a more testing time for gold to prove its mettle, it is now: during a global recession.

The million dollar question today is: will gold retain its sheen in the year 2009, the year of reckoning? Nearly everyone has been breaking their heads trying to figure out the safest investment avenue this year.

In India the stock markets are low, interest rates have come down and elections are round the corner. Is gold the obvious investment destination in such a scenario?

Text: Sheetal Jhaveri, a financial consultant, and can be reached at dhanplanner@rediffmail.com.

Photograph: Alfred Cheng Jin/Reuters

Also see: Young Couples: Financial gyaan in tough times

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