> For the complete documentation index, see [llms.txt](https://www.indiainvestments.wiki/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://www.indiainvestments.wiki/faqs/misc/is-gold-a-good-investment-now-it-has-gone-up-50-this-year.md).

# Is Gold a good investment now? It has gone up \~50% this year

Past performance is not indicative of future returns. If you pick assets after they have performed well, you'd most likely miss out on assets that performs well after you have invested in it.

If Gold has gone up 50% this year, right time to invest in it would've been 1 year ago.

Instead, question your asset selection process: is your selection criteria good enough for it to have picked Gold as an investment a year ago?

In other words, what were Gold's 1Y / 3 Y / 5Y / 10Y returns, 1 year ago on this date? Most likely, it won't have been good, and you'd have passed on that.

Chasing past returns, hoping for a repeat of performance, is called *return chasing*. It's common among new investors, but even veteran investors fall prey to this. As a rule of thumb, avoid greed in decision making.

This is not to say Gold is a bad investment for next 1Y / 3Y / 5Y. It might be, it might not be. But the fact that Gold has surged in price in recent times; is not a good reason to invest in Gold.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://www.indiainvestments.wiki/faqs/misc/is-gold-a-good-investment-now-it-has-gone-up-50-this-year.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.