You can invest in gold in different ways For this you can invest in Gold ETF as well as Sovereign Gold Bond
Gold is considered to be the best option to invest in India In the last few years, the price of gold metal has increased a lot There is a possibility of further increase in prices in the future So you can also select the option to invest in gold If you invest in gold for a long time, you can also benefit But do not buy gold coins from the bank to invest
You can invest in gold in different ways For this you can invest in Gold ETF as well as Sovereign Gold Bond You can also invest by buying physical gold
With the future in mind, it is more profitable to invest in gold coins instead of gold jewelry You can cash gold coins at any time you want Besides, there is no need to pay making charge or waste charge while selling Like gold jewelry, gold coins do not turn black with time
You can buy gold coins from jewelry shops as well as banks At the bank you will get 99.9 percent pure 24 carat gold coins If you have KYC in the bank, you can buy gold coins from the branch at any time
Also Read: Gold Coins: Are you buying gold coins in the bank .. If you know this, do not buy anymore
You can also buy gold coins from the bank’s website But it is better not to buy gold coins from the bank Instead, you can buy gold from a reputable gold shop
Why not buy gold coins from the bank? The gold coins available in the bank are of very high quality This gold is imported to Switzerland or other western countries As a result, the bank sells these coins at 8 or 10 percent more than the market price As a result, from an investment point of view, buying gold coins from a bank is not profitable
Besides, you cannot sell these coins to the bank Because the bank does not do the business of buying gold coins You have to sell coins in gold shops There you have to sell at market price 6 Again, big gold shops do not always want to buy coins Instead of gold, you have to buy jewelry from there
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