Gold Buying: Since ancient times, investment in gold is considered very good in India. Generally, most people consider investing in gold as a safe option.
Different Ways to Invest in Gold: Amidst the increasing population of young investors in the country, there have been major changes in the ways of investing in gold in the country. Nowadays people are investing not only in physical gold i.e. jewellery, but also in different ways. We are telling you about different options for investing in gold.
The most common way to invest in gold is to buy physical gold. In this, apart from gold, you also have to pay making charges. Apart from common jewellery, physical gold can also be purchased in the form of gold coins.
Gold Saving Scheme has emerged as a better option for investing in gold. In this, investors invest a small amount every month for a fixed period. After this, after the completion of the period, you get a chance to invest that amount in physical gold along with some bonus. Many jewelers launch this scheme for the convenience of customers.
Gold ETF is a great way to invest in gold. There are many mutual funds that invest in gold. In this way, by investing in these gold ETFs you can get fixed returns equal to physical gold. To invest in this, you must have a trending account.
Sovereign Gold Bond Scheme is a great option to invest in gold. The Reserve Bank provides investors with an excellent option to invest in gold by launching the SBG scheme from time to time.
Many apps like Paytm, Phone Pay, Google Pay etc. keep coming up with the option of investing in gold from time to time. Investing in gold through such apps has been named digital gold. In this, you can buy and sell gold anytime like physical gold.
