Should Gold Investment Be Done In Physical Or Electronic Form?

Physial Gold

Jewellers in order to lure higher gold sales are offering discount on making charges. Few of the e-tailers are also joining hands with banks to make this occasion profitable both for themselves and consumers. For instance, Amazon in association with ICICI Bank is rewarding its customers on purchase of gold using ICICI VISA card.

Gold ETFs

With an option to invest in small denomination, transparency in pricing, tax efficiency as well as high liquidity, gold ETFs has fast garnered the attention of investors. As a result, investment in this electronic asset class of gold is constantly increasing. Know more about Gold ETFs here.

Gold SIPs

You can also consider investment into gold through the SIP or Systematic Investment Plan route. By investing in Gold SIP, investors save on the hassles per se storage of the precious metal and also it does away with the need to open and maintain a demat account.

Gold Sovereign Bonds

With an annual interest rate of 2.5% payable semi-annually over and above the appreciation value, bonds could be better bet. Gold SGBs can be invested in with a minimum and maximum investment amount of 1gm and 500gm gold respectively. The investors can exit the investment in the 5th year while tenor of the gold bonds is 8 years.