25 Sep 2025 | 5 Mins Read

Avoid common biases when investing in gold for informed wealth decisions

Flipitmoney

Gold prices have reached new peaks in Sept 2025, reaching ₹1,16,770 for 10 grams of 24K gold on September 24. Investors are flocking to gold, but emotional biases such as confirmation bias, overconfidence bias, bandwagon bias, recency bias, and loss aversion bias can lead to costly mistakes. Avoiding these biases and consulting certified financial advisors is crucial for wise investments in gold.