New Delhi: Nowadays in the world of investment, a question is roaming in everyone’s mind – where to invest so that there is protection from inflation and also good profits? When the stock market is fluctuating in no time and the inflation rate is breaking records, then a traditional but smart option has again come into discussion – Gold.
Now the good news is that to invest in gold, neither do you have to go to a gold shop nor buy heavy jewelry. Now you can invest in gold sitting at home, through mobile – that too without any hassle of tax or making charge.
Smart Gold Investment From Mobile
In today’s digital age, you can easily invest in gold through just an app or trading platform. Now there is no worry of handling gold, no need for a locker, no GST and no hassle of making charge. This method is especially beneficial for those who want long term safe returns at low risk.
Investing In Gold Is Beneficial?
- When the stock market falls, gold prices often rise.
- Gold becomes a safe option during times of economic or political uncertainty.
- High liquidity means gold can be converted into cash whenever you want.
- This balances your investment portfolio and reduces risk.
Buy Digital Gold, Not Physical Gold
Investing in digital gold means that you do not buy gold physically, but trade it online based on its price. For this, you need-
- Demat account
- A trusted commodity broker
- Trading platform like MCX
Gold Futures And Options
Gold futures: Contract to buy or sell gold at a fixed price on a fixed date.
Gold options: A way of trading with less risk and more flexibility.
Both these methods give you the possibility of lower cost and more profit compared to physical gold.
Gold ETF: The easiest and safest way
- If you don’t want to trade, then Gold ETF is perfect for you.
- There is no making charge or GST in it
- Direct purchase and sale from Demat account
- ETF rate depends on the price of gold
- As gold becomes expensive, your profit will increase.
- Opportunity for more returns with less investment
Through commodity trading, you can take big positions on small margins. This increases profits, and you can also exit the trade whenever you want. The biggest feature of digital investment is that there is no physical risk – no theft, no locker, no loss.
Time For Digital Gold Investment
Today when technology is in our pocket, why don’t we make gold investment smart too? If you want profit with less risk and more security, then Gold ETF, Futures or Digital Gold is a great option. No market stress, no tax tension.