Want to invest in gold? Here are 4 easy options you should consider
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Why you should invest in Gold?
Investing in gold is a key portfolio diversification strategy, offering an ideal hedge against equity market volatility & inflation risks. Check the four options for investment...
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1. Digital Gold
These are available for purchase in amounts ranging from 1 gram and above through a number of apps.
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2. Gold ETFs
Gold ETFs, traded on stock exchanges like shares, primarily comprise physical gold and gold mining/refining stocks as underlying assets.
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3. Gold Mutual Funds
Managed by experienced fund managers, these funds invest in various gold-related assets such as stocks of gold mining companies and bullion.
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4. Sovereign Gold Bonds
These bonds offer returns linked to gold prices and are guaranteed by the Government of India, despite lacking physical gold as collateral.