As we all know India is a gold lover country, one of the best countries to invest in gold, we Indians are in the love with the precious metal gold from the ancient times and till now.
Marriages in India are the biggest occasions in which the gold is used as the jewellery and many more occasions like Diwali and Dhanteras in which the yellow metal is used to gift or buy for the fortune.
So we Indians are also interested in the investment of gold So Here are some ways of the modern times in which you can invest in gold.
Gold ETF – Exchange Traded Funds backed by gold can be thought of as mutual funds that invest in gold, and their units are listed in the stock exchange. You need to buy ETFs from the stock exchange, for which you need to have a demand and trading account and pay the brokerage fee.
Physical gold – you can also buy or sell physical gold like gold bullion and gold coins buy the gold bullion for the investment never buy jewellery for investment because of jewellery consist of making charges at the time of purchase and discount at the time of sell
Gold fund- as the name proposes, invests in many forms of gold. It can be in the form of physical gold or stocks of gold mining firms. Gold funds which invest in physical gold proposal investors the suitability of buying pure gold at low price.
Digital Gold – now some of the apps and sites are providing the facility to buy or sell gold like stocks online you can now buy gold digitally from many apps at very low cost and sell this at the time when you see gold rates to sell it.
Gold SIP- SIP is the best method to collect gold in a disciplined manner while not having to shed a lump sum amount to buy gold at once.
The idea is to shell out some amount every month in a systematic way and get the bigger amount at the end of the tenure.
So these are some ways to invest in gold in the modern times there could be some more ways to invest in the precious metal every single individual should invest according to his portfolio and should have taken the advice of the finance expert. So that’s all for this, best of luck for your investment in gold.