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Gold ETF vs Sovereign Gold Bonds

Lately, two gold investment in paper form with actual gold as the underlying asset have emerged as a popular option that are Gold ETFs and the Sovereign Gold Bond (SGB).

Gold as Exchange Traded Funds (ETFs) Passive investment instruments that invest in physical gold and thus are predicated on price of gold. Gold ETFs are listed on the Indian Exchange as other stocks or equities and track gold prices and can be purchased through your trading or mutual fund account. ETFs are a fantastic alternative if you want to invest for the short term or in monthly instalments like a SIP.

Indian Government also issues bonds through the Reserve Bank of India called Sovereign gold bonds, or SBGs. These gold bonds are sold as as unit in which each unit is valued at one gram of gold with purity of 99.9 percent. Since SGBs are government-issued securities that are a sought after and a safer investment in gold. Their worth is measured in multiples of gold grams. SGBs have seen a large growth in investors, as they are seen as a viable alternative to actual gold. However, SGBs has a lesser liquidity than other gold investment in the market. If SGBs are left to mature i.e., for a period of 8 years and then retained, the gains are not subjected to tax. However, if the returns after maturity is sold off then it is treated as capital gains and is hence taxable.

Buying Gold Bars

Gold bars or gold biscuits are rectangular pieces of gold that are particularly popular as an investment option. When planning to invest in gold, a gold bar is a much practical option simply because of its cost effectiveness. The difference in price for a jewellery and a gold bar is substantial and could be nearly 2% of the total cost. While buying gold bars there are few things that should be kept in mind such as the purity and reliability of the seller or manufacturer. 

Gold bars usually have the mark of purity, which is usually 999.9 and comes in different weights. Investing in a gold bar makes sense because bars have a smaller premium associated to them. Making charges are normally included in the premium, although shipping and refining fees are occasionally included as well. Larger bars are less expensive to buy, while smaller bars are simpler to sell on short notice. Always make sure that when you buy a gold bar, the bar is hallmarked i.e., certified for its purity, so that your investment is insured.

Purchasing Gold ETFs Vs Gold coins Vs Gold Jewellery

Gold investments are fruitful, and these days there are several forms of gold investments available for you. Each gold investments has its own advantages and drawbacks, and each is suitable for a certain investment plan. You can purchase Gold ETFs, Gold Coins and Gold Jewellery as an investment.

Gold Price In Punjab | Gold Price In Ludhiana | Gold Price In Amritsar | Gold Price In Jalandhar | Gold Price In Patiala | Gold Price In Bathinda | Gold Price In Phagwara

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