Gold Investment: Gold has always been the traditional and safest investment option in the country. Gold is one such investment, which can help you in times of trouble. With the passage of time, the way of buying gold has also changed. In today’s time, if you want to buy pure gold, then you can do this work sitting at home. You can invest in 24 carat pure gold online without visiting any jewelers here. Here are the 4 best options to buy pure gold..
Gold Exchange Traded Funds (Gold ETFs)
Gold ETF i.e. paper gold is such a facility, in which you can buy gold in units like shares. This is one of the cheapest options for investment in gold. These are exchange traded funds, which can be bought and sold on the stock exchange. The benchmark of gold ETFs is the price of gold in the bullion market. You need to have a demat account to invest in Gold ETFs. In this, the purchase of gold is done in the unit. You can place an online order for Gold ETFs on the broking trading portal. Physical delivery of gold is not done on its sale.
Sovereign Gold Bond
Sovereign Gold Bond (SGB) is also a good option to invest in pure gold. SGBs are issued by the Government of India at regular intervals at the current price of gold. The maturity of SGB is eight years. Whereas, the lock-in period is five years. Keep in mind that, if you have retained the SGB till maturity, you will not have to pay any capital gains tax on the investment. At the same time, you will get 2.5 percent annual interest, which will be paid every six months. The amount of gold the investor invests in SGB remains safe. Because at the time of maturity, he gets the current market price. Online investment can also be done in this.
Gold shopping with mobile wallet
If you are looking for the easiest option to buy gold, then you can do it in just a few seconds from your smartphone. It also does not require a lot of investment. You can buy gold for the amount of money you have. This facility is available in mobile wallets like Paytm, PhonePe. You can invest in this sitting at home.
Gold Mutual Funds
In today’s era, you can also invest in gold through mutual funds. You can invest in Gold Mutual Funds directly through online mode or through its distributors. For this demat account is not required. In Gold Mutual Fund, your fund manager invests his corpus in Gold ETFs. One can also invest in gold mutual funds through SIP. Gold Mutual Fund is an open ended investment product, which means you can sell it anytime you want. You can also invest in it online.
