Where to Invest in Gold?

Gold Investment
1

Hi, where can i invest in gold? Do you have a suggestion?

2

If you are thinking about investing in gold, physical jewellery is no longer the only option. Today, multiple choices make gold investment more flexible and convenient.

Here are the popular ways I consider:

  1. Gold ETFs: These are exchange-traded funds listed on NSE and BSE. Each unit usually equals one gram of gold. I trade them like stocks through my demat account, which saves me from the hassle of storage.
  2. Gold Mutual Funds: These schemes invest in gold-related assets. Their value rises and falls with the market price of gold. I see them as an indirect way to benefit from gold without owning it.
  3. Digital Gold: Through fintech platforms, I can buy gold online in small amounts and later redeem it for cash or physical delivery.

Last but not least, you can also go for the option of buying physical gold such as bars, coins or jewellery. It does give a sense of security because you can hold the asset.

However, for me, my goals and risk appetite keep shifting so I base my investment accordingly.