Planning to invest in gold this Dhanteras? From physical gold in the form of jewellery to digital investments via products such a Gold ETFs, or Sovereign Gold Bonds, here’s a guide for you to take an informed decision before investing.
Buying physical gold
Gold has always been a means of liquid investment, against which one can also borrow money as mean of a loan. However, investing in physical gold comes with its challenges, especially regarding its storage and safety. Jewellers also levy labour charges when making gold jewellery, which you cannot recover when selling it. When buying jewellery, ensure that you weigh its value by weight and purity, as only 24 karat is considered pure gold. Also, note that the resale value of gold bars or coins may be higher than that of physical gold.
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