drdhiman Bhattacharya

Gold is needed because it protects purchasing power and portfolio stability during periods when currencies lose value, financial systems face stress, and confidence in paper assets weakens. Unlike equities or bonds, gold carries no credit risk and is not dependent on economic growth, corporate profits, or government promises. When inflation rises, debt expands, or geopolitical and financial shocks occur, gold tends to preserve real value while other assets become volatile. Its role is not to generate high returns, but to act as financial insurance, ensuring that wealth is protected across economic cycles and unexpected systemic disruptions.