Know Why Indians Say No to Gold Trading Market

Indians seem to have an ambiguous relationship with the gold trade market. Only a few Indians show a special interest in equity stocks. Most of the population have doubts and confusion. Some are not familiar with its functioning and some find it unreliable. Almost 98.5 % of the population of

India has nothing to do with gold trading markets. The meagre population that takes interest belongs only to Maharashtra and Gujarat.

India occupies the bottommost seat in the area of stock market. China and the USA are way ahead of it. China’s participation share is 10% and the USA’s participation share is 18%. The main reason behind such shocking participation is low growth. Even if you go twenty years down the lane, that is in the year 1990, you witness the same participation level. Yes, it is just the same and has not increased in any way. If we glance at the study of the year 2017, no special interest has been shown from the end of Indian investors, especially when it is a matter of gold trade. Here are some major reasons why Indians don’t prefer trading in gold.

1. Inadequate Knowledge and Awareness: There always remains unfamiliarity with gold trading online. There is always a risk of having no returns on investment. People of rural areas who are mot much educated don’t easily comprehend the ABCs of the gold trade. A person who is involved in everyday retailing or the common laborers don’t get to know much about it. They remain too occupied with their daily activities that they don’t even want to know about it.
2. Indians Don’t Want to Expose Themselves to Risk: All your studies and deep analysis can fail in an instant as one cannot predict the impact of gold trade. Yes, it is risk-prone and Indians are well aware of this fact. Maybe that’s the reason that they don’t step forward.
3. Stock Market Had Shown Many Scams: Scams have seen to be pervasive in stock markets. The names of people like Harshad Mehta or companies like SATYAM have disgusted investors and have created an air of distrust.  Since security is at stake, people prevent themselves from investing.
4. Insufficient Capital: According to a statement of the Indian government in the year 2012, the population that came out to be below the poverty line was more than 20%. How can people think of making investments, when there is a problem of earning a livelihood? With no or small amount of capital, people have no other option.
5. People Desire Physical Possession of Gold: Indians usually wish to keep gold in the form of much-wanted physical assets. So, they don’t want to move to stock markets for the same.

Now, we have come to know different reasons why Indians do not go for not gold trade online. If you want to know more information regarding the same, visit CapitalXtend.