Himani Chowdhary Instagram – ⚠️ Sovereign Gold Bonds (SGBs) might be ending soon, so where should gold investors turn next?
Although you can buy existing SGBs from secondary market, you might find people selling it higher price than required (premium) plus you will find low trading volumes
Its better to not take that Risk ❌
Gold ETFs and Digital gold are two good options, each with different costs
Gold ETFs have expense ratio (around 0.5%) & transaction costs
Digital gold can be bought in small amounts, even for just Rs.1, but comes with a 3% GST upfront and may have storage fees over time.
Each option lets you invest in gold without needing to store it physically
So this Dhanteras, if you don’t want to use the Gold as jewellery or gifting purpose, it’s better to not buy physical gold and look at these alternatives instead | Posted on 28/Oct/2024 16:05:36
