Gold has a very long history as an asset class worth holding. Apart from traditional avenues where gold gets consumed an increasingly higher demand is going to come from electronics in the smart age. Gold being highly conductive, inert to corrosion and easy pliability is used extensively in electronics which means - evergrowing EVs, consumer gadgets, IOT devices all are going to create more demand and gold prices are likely to push up.
If I had to invest I would invest in SGB. Its backed by govt and is gold value + 2.5% interest. However as crazy as it may sound, I plan to trade my way to financial freedom. I don’t have any plans to invest in gold… 