Gold Investment: Take advantage of falling prices and buy gold, it will give these benefits in future along with better returns..
In terms of investment, financial experts say that your portfolio should be diversified, that is, you should invest your money in different places. In today's time, there are many means of investment from mutual funds, equity, and various government schemes to gold. Talking about gold, people in India have been investing in it for years because gold not only can give better returns but is also a companion in difficult times. These days the price of gold has come down rapidly. Due to gold being cheap, investors have a good opportunity to buy gold. Know here why you should include gold in your portfolio, and what are its benefits.
Benefits of investing in gold
In this case, financial expert Deepti Bhargava says that with the way gold prices have increased in the last few years, it can be guessed that in the coming time, gold can become a great option giving better returns. According to experts, we must include such options in our portfolio that can beat inflation in the future. Gold can be one of those options. Of course, today the price of gold has fallen, but this is not forever. The cycle of ups and downs continues. If you buy gold at a cheap price, it will benefit you in the future. Especially physical gold, which is not only seen as a property but has also been a part of many traditional occasions and will continue to be so in the future.
Gold is a companion in difficult times.
No one can say when difficult times will come in front of whom. In difficult times, when there is a sudden need for money, and if arrangements do not seem to be made from anywhere, then you can use gold. You can sell gold and take cash in exchange for it. If you want, you can take a loan by mortgaging it. The gold loan comes under the category of a secured loan. You can easily get gold loan options from banks in many other places. Apart from this, physical gold is such an investment that you can easily take it with you anywhere.
Many ways to invest in gold
As the interest of investors in investing in gold has increased, many ways of investing in it have also emerged in the market. If you want to buy gold for investment, then you don't need to invest money in physical gold, you can also buy it digitally. Know about it here-
Sovereign Gold
Sovereign Gold Bond (SGB) is a government scheme, in which the scope of risk from investment is very low. Its advantage is that apart from the price of gold, it also gives interest of 2.5 percent per annum. Also, GST is not to be paid while buying it.
Digital Gold
Instead of physical gold, you can buy digital gold. Digital gold is not physically with you but is kept in your digital wallet. Its price also increases with time. If needed, you can also sell this gold online. One can invest in it even from Rs 1.
Gold ETF
Gold ETF can be bought like shares and kept in a demat account. This is a mutual fund scheme, which is a cheap option for investing in gold. This gold can be bought and sold in the stock market.