00:00 What are the suggestions to people who are thinking of investing in gold?
00:12 You have asked a very good question. There is always a confusion in investors about investing in gold. We have many options available. Traditionally, we had only the option of physical gold.
00:32 But today we have many options available for investing in digital economy. If you are a small investor, you can start investing in gold exchange traded fund listed on NSE and BSE.
00:50 If you want to start investing in gold, you can start with a minimum of Rs 100. If you want to start investing in gold, you can start with Rs 70.
01:02 Similarly, you can start investing in gold with Rs 80. So, small investors who want to capitalize their savings in gold and silver, they can start with gold ETF.
01:17 Second, for long term investors who don't want to buy gold in physical, the sovereign gold bonds of the Indian government is a better option.
01:26 We see that the maturity of the gold is 8 years. The income you get on maturity is not capital gain.
01:34 Second, the Indian government pays 2.5% annual interest. So, the sovereign gold bond is a better option for long term investors.
01:45 Third, if you want to buy gold in physical, you can take gold and silver exchange trade on MCX and keep it in your vault.
01:56 So that when you want to sell it, you can exchange it back to the MCX debit account.
02:03 And if you want to buy gold for any event, wedding or any other purpose, you can buy gold as jewelry.
02:13 So, there are many ways available for investment and the investor can choose according to his convenience.
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