Locker rent and fear of theft
If you keep gold at home then you can’t sleep because it might get stolen and if you keep it in a bank locker, you have to pay heavy rent every year. To protect your own savings, you are spending money every month from your own pocket. These small deductions eat up your big savings like termites in the long run.
Disclaimer: This article has been written only for general information and awareness purposes. The information given herein is based on various sources and current market trends. Before taking any decision related to gold or any investment, keep in mind your financial situation, risk appetite and goals. Any information given here is not investment advice. Be sure to consult your financial advisor before investing.