Since the day I came back to India I see everyone is running behind gold. This yellow metal was always a craze in India but I never realized it until I saw it personally after returning to India. Once I saw my friends and relatives buying lots of gold then I thought to garner some knowledge on it. Before even I start to write something on the subject I must say that I am not an economist, not an expert in finance, not a consultant for personal fund management. This came out from my interest and whatever I write here will be my views on the subject only.
In one sentence, you should invest 20-30% of your savings in Gold for sure. You must be thinking why, let me tell you then.
If you are looking it as an investment then buy the bars where you will hardly pay the making charge which costs the max. I guess it starts from 100 gms. If you are in a mixed-up mind then go for any jewelry that you like but try to get it from a reliable jeweler and it should be a 22 kt gold.