The smart way to invest in Gold
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Gold glitters in times of crisis
As a rule of investment, we must invest in some good assets (something that regularly puts money into your pocket). Gold is one of them. Gold is the safest investment when it comes to risk and surety of return.
Gold is a Scarce resource and thus, its price rises year after year. It’s similar to the rising price of an item that has high demand but low supply.
There are many options to invest in gold.
- Buy physical Gold (need to pay taxes + safety and purity issues)
- Digital Gold (Stored in insured vaults and delivered when needed)
- Gold Saving Plans (Your amount is used to buy gold)
- Sovereign Gold Bond (Gold price appreciation + Government Gold bond with 2.5 % assured annual interest — RBI is going to discontinue it soon. The best option for Gold investment)
- Gold ETFs
Why Gold ETF?
But why should we invest in Gold ETFs? It’s an exchange-traded fund like we trade stocks on the market. So, when you are buying a Gold ETF, you are buying gold in paper or digital format (requires a DMAT account). Gold ETF holdings in DMAT are merely equivalent to keeping…