Are you planning to purchase gold this festive season? If yes, then you must know that you can invest in gold in various forms. These include physical gold, exchange-traded funds (ETFs), and Sovereign Gold Bonds (SGBs).
You should make a wise decision when choosing between these options as each has specific features and drawbacks associated with it. To help you choose, here is a comparative analysis of the three gold buying options.
- Physical gold
Being a tangible asset, which can be worn or displayed, one will always be emotionally attached to physical gold. Also, for an individual, it is easier to buy physical gold. You can buy it in the form of jewellery or in the form of gold biscuits and coins from jewellers. Apart from jewellers, you can buy gold coins from certain banks as well.
Features of physical gold
Confidentiality of possession: Unlike other forms of gold, physical gold is one of the