Gold Rate Falls In India: Jewelry to Coins-7 items to buy now
Here are 7 items to consider buying during such times
lifestyle Sep 18 2024
Author: Richa Barua Image Credits:Freepik
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Gold Jewelry
Weddings, festivals, and special celebrations are popular occasions to buy jewellery in India. Low gold costs make necklaces, bangles, and other products a good deal.
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Gold Coins
Gold coins are a simple and accessible way to invest in pure gold. They come in various denominations (1g, 5g, 10g), making them a flexible choice for all budgets.
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Gold Bars
Gold bars (bullion) are purer and bigger investments. Unlike jewellery, they have reduced manufacturing costs and are acquired by investors seeking gold exposure.
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Gold ETFs (Exchange-Traded Funds)
Gold ETFs are convenient for paper gold investors. They trade on the stock exchange like shares and track gold prices.
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Gold Savings Schemes
Many Indian jewellers offer gold savings plans for small investments. Dropping gold prices are opportune times to start or increase donations to such plans.
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Sovereign Gold Bonds (SGB)
Issued by the Government of India, Sovereign Gold Bonds are a secure and tax-efficient way to invest in gold. They offer interest payments and capital appreciation.
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Gold-Plated or Gold-Coated Items
Gold-plated cutlery, frames, and accessories are good buys when gold prices fall. They give your property a luxurious look without a big expenditure.