How is India investing in Gold in the new decade? Best option available?
Gold has always been a sentiment and emotion for us Indians!! Agree? All of our families are uncompromising when it comes to saving money for gold. But is saving money for it the only way out? Oh wait, Gold Chit Funds or Gold saving schemes by the jeweler – they are your secondary go-to right!! But you know what, investing in Gold has now become more enticing. They earn you interests!! Yes, you read it right. Interest as returns for investing in Gold. When you invest in physical gold like Gold jewelry, Gold coins\bars you need to bear with the making and wastage charges, storage costs, security, etc. But instead, if you invest in digital gold , you can save all these charges and also earn interest on that investment. Experts suggest: “It’s always best to have 5 – 10% of your investment portfolio parked in Gold”. Allow me to explain the recently acclaimed gold investment options. I particularly want to highlight about ‘Sovereign Gold Bonds’ in this blog. Sovereign Gold Bonds
