What is the best way to invest in gold this Akshaya Tritiya?

[Bhuvan]

What's the best option to invest in gold?

Indians love their gold. According to a World Gold Council estimate Indians held between 23,000 to 24,000 tons of gold, a majority of it with Indian households. Indians have an emotional attachment with the yellow metal, it’s a significant part of everything from weddings to festivals. For most Indians, gold along with real estate have been the most popular investment options with jewellery being the most common option. Off late other options like Gold ETFs, Digital gold through various online …

What is the best way to invest in gold this Akshaya Tritiya?

There are various avenues to invest in Gold like ETFs, Gold MFs, Bullion etc, but the best avenue for you to invest in gold would be in Sovereign Gold Bonds (SGB). Advantages of investing in SGBs: You earn an interest 2.50% on the capital invested and capital gains when you redeem if the price is higher You can use these bonds as collateral for loans Secure, since the bonds are held in demat form No management fee and expense ratios. In the case of gold ETFs, you pay nearly 1% expense ratio. …