Is it true that gold investment is not profitable?

[Suba]

We have long known that gold has been used as an investment instrument, whether in the form of gold jewelry or bullion. However, from my personal observations, gold is not suitable as an investment instrument and is better used as savings or a hedge against inflation.
Because I think the increase in gold will always be proportional to the increase in inflation, so that after we sell the capital gain is very small or almost zero. What do you think?

 

[Starmix]

I have not experienced investing in gold. But those who are in this invesment, they need a long waiting time to secure their capital and gains when the gold price goes up.

 

[Sanjeev]

I don't think it's not good for the investment. Whereas I feel it's the best way to invest when you know the gold you're buying today will be useful for you after few years.

 

[Nomad]

Gold is profitable investment, however, the returns are low compared to stocks and crypto

 

[Springtime]

Gold is good for use as a hedge against inflation. At times of turbulence or wartime, gold price may increase sharply. But at normal times, I personally think investment in stocks or mutual funds brings better return though the risks may be higher too.

 

[Sanjeev]

Gold is profitable investment, however, the returns are low compared to stocks and crypto

I invest both in gold and stock and I find investment in gold to be more profitable and safe.

 

[kerryjoy]

Gold investment is the best investment ever , the value of gold always increases

 

[Starmix]

Though I am not investing gold but the name itself guarantees satisfaction when decide to sell it in the most right and profitable time.

 

[King Belieal]

Gold investments is still very profitable. Just that it is a little bit very slow in appreciation. It requires patience.

 

[Stan358]

Investment in gold is really good and profitable. But such investment requires time as the return might take some number of years to give return on investment. Most people store their money using Gold..