Gold Price Rise and Investment Tips
After the sharp rise in gold prices, are you thinking about investing in gold? With both gold and Sensex setting new records, gold may seem like a better option. Comparing Year-to-Date (YTD) returns, gold has earned 13% profit while silver has earned 8%. Should women investors traditionally invest in their favorite metal, gold? The answer may be yes, but it depends on how high gold is. Being high in gold does not mean it is stable. It is being suggested to invest in gold in paperless form rather than physical form.
Investment Options in Gold
Tax and investment experts suggest Sovereign Gold Bonds as a great option for investing in gold. Sovereign Gold Bonds are issued by the RBI and can be considered as an excellent investment option in many aspects. Putting money in schemes like Sovereign Gold Bonds is not just a better choice in terms of returns, but also in terms of security. It is less hassle and offers many other benefits compared to physical gold. This comparison is made against Physical Gold. For more information related to women and personal finance, you can click here.
Consider Paperless Gold Investments
If you are thinking of buying in the direction of paperless gold like Gold ETF, then you should make a decision after careful consideration. Gold ETFs are essentially exchange-traded funds that are taxed on the profits received. This is not the case with Sovereign Gold Bonds, meaning returns are tax-free, resulting in a significant increase in your Net Asset Value (NAV). Asset allocation in investment provides a jacket to deal with price fluctuations, so investment in gold is not the ultimate goal. (Read Also★How much right does a wife have on her husband’s wealth? It is important for you to know this from a legal angle)
सोने की कीमतों में तेजी के बाद अब सोने में निवेश करने का विचार करना चाहिए या नहीं, इस पर विचार करने का समय है। सोने और सेंसेक्स की बढ़त के बारे में सोचते हुए, सोना एक अच्छा विकल्प हो सकता है। लेकिन, सोने की कीमतें अस्थिर हैं और इसलिए पेपरलेस फॉर्म में निवेश करना बेहतर हो सकता है। सॉवरेन गोल्ड बॉन्ड एक अच्छा निवेश विकल्प हो सकता है यदि आप पेपरलेस गोल्ड की दिशा में जा रहे हैं। इसके अलावा, गोल्ड ईटीएफ भी एक अच्छा विकल्प हो सकता है जिसमें टैक्स कटता है और आपकी एनएवी में बढ़ोतरी हो सकती है।