Today is Dhanteras which is a auspicious day in India. People buy a lot of stuffs today along with Gold and Silver. With the increase in price of Gold and Silver, people are buying for less quality but still people are buying. Now the question is what is the best way to invest in Gold.
We have multiple ways to buy Gold, Gold Jewellery, Gold Coin, Digital Gold, Gold ETF and Gold Mutual Fund. And all the options has their pros and cons but if your sole purpose is to invest in Gold then only 2 of them is the best way to invest in Gold.
The problem with the physical gold is that the time you buy, it loses some value because of the making charge and GST. The same GST is applicable in the Digital Gold too, but with the Gold ETF and Gold Mutual Fund this problem doesn't occur. And that's why the best way to invest in Gold as of today is Gold ETF and Gold Mutual Fund. I have created the detailed video on why these two types is best way to invest in Gold.
So in this Diwali, if you are investing in Gold then do check the video to find out what is the best investment to grow your wealth. But if you want to get the jewellery then don't think it as a investment. It is purely as a jwellery itself which can give you the pleasure of wearing the jewellery. And that's why you should decide why are you buying the Gold.
Now I am not saying that you should not invest in other types of Gold. It is just that you should know what is the best way and why it's better to invest in that. Also what are the pros and cons of investing in other ways.
Posted Using INLEO
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.
Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.
100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited..
This post received an extra 20.00% vote for delegating HP / holding IUC tokens.
A friend has invited me to visit her in Mumbai. I'm thinking of trading these coins for a beautiful gold necklace of fair value.
