Gold Investment Plan: People in India have been liking to invest in gold since time immemorial. It is one of the safest and highest paying investment options (Gold Investment Options). In the recent past, due to the Russo-Sukrane war, there has been a huge fall in the stock markets around the world. Does matter. In such a situation, there is a safe investment option of gold investment.
There was a time when people used to buy gold only in the form of jewelry. But, now many investment options have come in this. You can explore various types of gold investment options like Digital Gold, Gold ETF, Sovereign Gold Bond etc. So let us tell you about those options-
1. Buying Gold Jewelry (Physical Gold)
Since ancient times, people have come to buy gold ornaments in India the most. It is considered to be one of the safest investment options. You can use these ornaments for a gold loan when needed. Nowadays most of the banks are giving loan against gold easily at low interest rate. Thus, it is a great investment option.
2. Investing in Sovereign Gold Bonds
Sovereign Gold Bond has emerged as a great investment option in the recent times. On investing in it, you get an interest rate of 2.50 percent. Along with this, when you sell it after investing in it, you get the benefit of the gold rate and interest rate of that day. The price of this bond is linked to the price of 999 pure gold.
3. Invest in Digital Gold
Nowadays many companies are selling digital gold to customers. Companies like Paytm, PhonePe etc are selling digital gold. You can buy this gold according to the current gold rate in the market. After this you can also convert it as physical gold. You can also easily sell it through the app.