Gold investment in India: 7 Ways to Invest in 2024
Here are seven popular methods to invest in gold in 2024.
lifestyle Jul 13 2024
Author: Richa Barua Image Credits:Freepik
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Physical Gold
This includes buying gold bars, coins, or jewelry. Investors often prefer physical gold for its tangible value and as a hedge against economic uncertainties.
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Gold Exchange-Traded Funds (ETFs)
Gold ETFs are stock exchange-traded investment funds. They let investors easily track gold prices without buying gold.
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Gold Mining Stocks
Gold mining firms' operational performance and profitability reward investors who buy their shares. These stocks may leverage gold prices.
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Gold Futures Contracts
Gold futures contracts let investors speculate. They let investors to profit from price swings by agreeing to purchase or sell gold at a future date.
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Gold Bullion Certificates
These certificates indicate a financial institution or mint's gold holdings. They offer ETF-like ease and liquidity without stock market risk.
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Gold Accumulation Plans (GAPs)
GAPs allow investors to accumulate gold over time by regularly investing a fixed amount. These plans often offer competitive pricing and storage options for physical gold.
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Gold Mutual Funds
Gold mining stock mutual funds, ETFs, and actual gold can diversify gold market exposure. Professional management makes them convenient for investors.