Unlock the Secret to Pure Gold Investment this Festive Season!

The festive season is currently going on in the country and one festival after another is coming from the line. In such a situation, people shop a lot. Today we will also tell you about other ways to invest in gold this festive season which is easier than investing in gold jewelry and also better in terms of purity.

Gold Investment Tips: The festive season is currently overshadowing the country. After the end of Navratri and Dussehra, Dhanteras, Deepawali, Bhai Dooj, and Chhath Mahaparva are going to arrive. In this festive season, people shop fiercely.

In this shopping, people prefer to buy gold on the occasion of Dhanteras. However, buying gold does not only mean buying physical gold.

Today we are also going to tell you about other options to invest in gold this festive season, in which you can invest this festive season, which is easier than investing in gold jewelry and is also better in terms of purity.

Gold ETF

Gold Exchange Traded Funds (ETFs), like any other company’s stock, trade on the National Stock Exchange (NSE) and can be continuously bought and sold at market prices. Gold ETFs are meant to track the price of domestic physical gold and are based on gold prices.

Gold Fund

Gold funds are a type of mutual fund in which gold reserves are directly or indirectly invested. It usually involves investing in syndicates producing and distributing gold, physical gold stocks and stocks of mining companies.

Gold funds that invest in physical gold offer investors the facility to buy pure gold at a lower price. Unlike physical gold, there is no chance of it being stolen and you can sell it at market-linked prices anytime. This fund is very suitable for investors who want to benefit from the rising prices of gold without buying physical gold.

Sovereign Gold Bonds (SGBs)

Sovereign Gold Bond (SGB) is a good option to invest in physical gold. These bonds are issued by the Reserve Bank of India (RBI), so they have guaranteed returns and low risk. The government had come out with SGB in 2015 with an aim to reduce dependence on physical gold.

Gold Savings Schemes

Gold saving schemes are offered by leading jewellers. The primary agenda of these schemes is to make it easier and more affordable to buy gold. Gold saving schemes allow you to deposit money every month in the form of instalments for a specific period. At the end of the tenure, you can buy gold from the respective jeweller at a value equal to the total deposit.

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