Safest options to invest in gold

These three well-regulated products can fire you up this Dhanteras

Gold can play many roles in an investor’s portfolio — from return-diversifier and a hedge against inflation to an insurance against adversities. But for Indian investors, what’s the best way to invest in gold?

While buying gold digitally through mobile wallets could be a way out, remember, such products operate in a regulatory vacuum.

There is no watchdog akin to SEBI for capital market entities to oversee digital platforms that sell gold.Thus, we leave this option out and discuss three well-regulated options. Sovereign gold bonds Sovereign gold bonds (SGBs) are issued by the Reserve Bank of India (in denominations of 1 gram or more) and represent borrowings by the Centre.Their main attraction is that they carry a sovereign guarantee with a coupon of 2.5 per cent per annum on the face value of the bond. This is on top of […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet