1 / 8

How To Invest In Gold

Investing in gold: If you donu2019t want to buy jewellery or bars, there are several ways to do it digitally

Digital26
Télécharger la présentation

How To Invest In Gold

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How To Invest In Gold

  2. Investing in gold: If you don’t want to buy jewellery or bars, there are several ways to do it digitally Since ages, gold has been a traditional way of investment for most Indians led by its high liquidity, inflation-beating capacity and also the prestige that comes along with it. Gold is considered a safe haven for investors during uncertain times. For the longest time, gold could only be bought in physical form via jewellery, coins, bars and so on. However, with the passing of time and to overcome the limitations of physical gold, several ways of gold investments have emerged.

  3. Gold mutual funds Gold mutual funds are a type of mutual fund that invest its corpus in various gold forms including physical gold, gold mining companies. The performance of gold funds is dependent on the movement of stock prices of these companies. How To Invest In Gold Since gold mutual funds are actively managed by a fund manager, it has the potential to offer higher return as compared to gold ETFs that mimic a market index.

  4. Gold Exchange-Traded Funds (ETFs) Gold ETFs are funds traded on the stock exchanges and are similar to equity mutual funds. Every unit of a gold ETF represents one gram of gold and is of 99.5% purity. This physical gold is stored with depositories and it acts as underlying via which the units of the ETFs derive value. There are various funds that sell gold ETFs and investors have a wide variety to select from.

  5. Digital gold It allows you to purchase the precious metal online, but eliminates the need to physically store it. Digital gold can be bought online through fintech platforms like Groww, Kuvera etc., and through brokers as well. The gold purchased as digital commodity will be stored in insured vaults by the seller on behalf of the customer. All you need is internet/mobile banking and you can invest in gold digitally anytime, anywhere. Moreover, you can invest an amount as low as ₹10.

  6. Gold is among one of the various metals traded on the MCX. Gold contracts allow the investor to trade in the commodity for a minimum of 1-gram quantity. “Gold”, “gold mini”, “gold guinea” and “gold petal” are some of the quantity-specified products available on the MCX for investors to trade in. Steps to Invest in Gold Digitally

More Related