NPS Tier II Taxability and safety

Yes. I do have a few SGB as I have mentioned in the thread (had invested in bulk 3 years back initially, and added few more just before covid, and then bought from the secondary market later) but I have invested in SGB while keeping in mind the Gold drawdowns, risk of low trade volume of the secondary market, and if gets sold in secondary market, it comes at a cost of a discounted price than the current market price of gold. Because of such risks attached, which all financial instruments have, I was against tagging it ‘the best’ universally. All I had mentioned was to make people aware of the pros and cons of SGB, the risks attached, and then let them make an informed decision.

Well, Silver contracts are available on MCX but I am not a trader. I do have some digital silver on Augment App, the only place I found where you can invest in Digital Silver. I had mentioned the costs attached to investing in digital silver on this thread. One thing about Silver is that its price is more volatile than Gold. And though there are many industrial usages of the metal (unlike Gold), Silver being a natural resource is limited and a significant amount of the metal is not recycled. Also, in some use cases many other metals like Platinum, etc have replaced silver, which was used earlier. So such risks make silver even more volatile in nature.

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