Nov 17 , 2023

10 Gold Investment Options Available in India

By True Scoop

Physical Gold: Purchase gold in the form of coins, bars, or jewelry from authorized dealers or banks.

Gold ETFs (Exchange-Traded Funds): Invest in gold electronically through exchange-traded funds that track the gold price.

Gold Mutual Funds: Mutual funds that invest in various gold-related instruments, providing diversification and professional management.

Sovereign Gold Bonds (SGBs): Government-issued bonds denominated in grams of gold, offering fixed interest and capital gains upon maturity.

Gold Savings Account: Some banks offer gold savings accounts where you can buy, sell, and store gold in electronic form.

Gold Monetization Scheme: Deposit physical gold in banks and earn interest or receive it back in a more tradable form.

Digital Gold: Invest in gold digitally through platforms that allow you to buy, sell, and hold gold electronically.

Gold Mining Stocks: Invest in shares of gold mining companies, providing exposure to the potential growth of the industry.

Gold Futures and Options: Trade gold on commodity exchanges through futures and options contracts for speculative purposes.

Gold Accumulation Plan (GAP): A systematic investment plan allowing regular investment in small amounts to accumulate gold over time.