As far as gold is concerned a lot of people tend to invest in physical gold but the best option as far as investment in gold is concerned is an exchange-traded fund (ETF). There are several advantage of investing in ETF; one is it is a financial product so long-term capital gain kicks in after one year plus you do not have to worry about the purity of gold, you do not have to worry about the insurance aspect, like in case of physical gold.
So, these advantages are there and you do not have to worry about – will somebody buy this gold from me or not in future and apart from that the cost involved in the case of gold ETF is very low and it gives the same kind of return which physical gold will give. So, the best way of investing in gold is through gold ETF.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
