– Gold provides higher returns in years when equities have negative or below par returns.– Hedge against inflation and equities.
Why Should you Invest In Gold?
– Gold for this reason must form an important part of investors’ portfolio diversification.– Has historically delivered 6-9% in long term
How To Invest In Gold?
– Physical Gold - Local Jeweller– Gold ETFs - GOLD ETFs are directly backed by physical gold and invest in gold, mining, and refining companies.
How To Invest In Gold?
– Digital Gold - Purchase of digital gold is backed by actual gold, which is then stored in bank-grade lockers, which naturally brings in a variety of costs.
How To Invest In Gold?
– Gold Mutual Funds: Gold mutual funds are like a basket of gold ETFs, investing in multiple gold ETFs. SEBI regulates both gold ETF and gold mutual funds.
How To Invest In Gold?
Sovereign Gold bonds: Sovereign gold bonds are not backed by physical gold This means the government of India is using the price of gold as a benchmark against which it is promising to pay interest semi-annually with maturity period of 8 years.