Different forms of GOLD to invest in
Different forms of GOLD to invest in Gold prices have rallied over 40% in the last year. As the world was grappling with uncertainty surrounding the COVID-19 pandemic, demand for the asset class rose rapidly due to its perception as a safe haven. Here are the different forms in which you can invest in Gold. Physical Gold One of the oldest ways to own gold is to buy it physically from a nearby jewellery shop. We Indians surely do love and cherish possessing gold. But keep in mind, that buying jewellery should not be construed as an investment. This is so because the making charges on jewellery can be as high as 25% in some cases plus GST which cannot be recovered on resale. Also owning physical gold has safety and storage concerns associated with it. Gold ETF It is an exchange-traded fund with physical gold (99.5% purity) as the underlying asset. These ETFs are listed on an exchange like NSE or BSE where they can be bought or sold. The benefits of investing in gold ETF...