Investing in gold is a safe investment. Commonly, we invest in gold in the form of jewellery. Gold in jewellery form has the issue of storage. Banks provide storage facility which is chargeable. There is also making charge in case of jewellery.
We can start a Systematic Investment Plan (SIP) in the gold funds from mutual funds. Mutual funds save us from storage and making charges.
Additionally, we can invest in ETFs. We must open a trading and demat account with a SEBI registered broker to invest in a gold ETF.
Government issues gold bonds for the investors who are looking for a long term investments. In sovereign gold bond, investors get a declared interest in return per year till the maturity of the bond along with the maturity value.
We can start a Systematic Investment Plan (SIP) in the gold funds from mutual funds. Mutual funds save us from storage and making charges.
Additionally, we can invest in ETFs. We must open a trading and demat account with a SEBI registered broker to invest in a gold ETF.
Government issues gold bonds for the investors who are looking for a long term investments. In sovereign gold bond, investors get a declared interest in return per year till the maturity of the bond along with the maturity value.
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