Gold based investment



hye everyone 


Hope you all are doing great 


So today i will be discussing with you all how Gold as an investment  can be very helpful and resourceful.


There are 2 ways in which gold can be owned by us it is either in the form of paper or physical.


Physical is in the form of gold bars ,jewellery ,coins etc that we all are aware of and another way is through paper mode like sovereign gold bonds (SGBs).


Gold jewellery can be purchased through any gold shops and can be kept in bank for long term investment.


Now lets understand what is Gold coin scheme???


Bascially it is buying 24 karat gold ,gold coins through banks ,jewellers and even through


e commerce websites.


The coins are available in 5 and 10 grams denominations. 


These are distributed through designated and recognized MMTC outlets only and also through some specific banks only .


Paper gold like GFTS or gold exchange traded funds are an alternative way to hold gold in paper form ,these are bought and sold in stock exchange markets (BSE and NSE) bombay stock exchange ,new york stock exchnage ,where the underlying asset is obviously gold .


The new one and most popular is the digital gold offered by paytm and "Go rush".


So this is a brief on Gold based Investment .


Hope you guys like this article and found it helpful.


Thanks 

Editor: Shweta tripathi Added on: 2020-05-25 20:26:28 Total View:339







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