Buying gold during the festive season is popular in India. The precious yellow metal has been considered a hedge against inflation. It provide stability along with diversification to your investment portfolio. It also conserves and adds growth during uncertain times.
Over the last decade, India has witnessed the emergence of two gold investment instruments in paper form with physical gold as the underlying asset — Gold Exchange Traded Fund (ETF) and Sovereign Gold Bond (SGB). Both track gold prices and help investors buy gold virtually. The ease of transaction, tax efficiency, low costs, safety, convenience and various other benefits make investing in the digital form of gold an attractive proposition.
Both gold ETFs and SGBs have unique
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