For keen investors, there are a plethora of investment options available in gold. However, before choosing any of these options, one needs to be clear about things like what is the need for investing, what is the tax liability, the other investment options and everything else related to gold and gold investments. Gold trading has picked up in the right way over the years within a short period, increasing the gold share price in India by offering favourite investment possibilities. Though the Indian gold market sometimes witnesses some stagger regarding Indian gold rate, it is mostly a transitory phase that passes by soon leaving gold as valuable as ever.
There exist several ways to invest in gold. The most traditional way is purchasing physical gold like jewellery, etc. Newer methods include various paper gold investments and digital gold. Below are the multiple options that one can avail in India to invest in gold.
• Gold Jewellery
• Gold Coins / Bars
• Gold Funds
• Gold Futures
• Gold ETFs (exchange-traded funds)
• Digital Gold
Learn more about each of these options mentioned above in our guide – Buying Gold as an Investment.
And also, before buying or investing in any of the mentioned options, a web search on gold cost today would be beneficial. It is recommended for you to know the current gold rate as well as 22 karat gold rate today for 1 gram gold.