2024-02-14 08:00:17
If you invest in gold and want to double your money then it is a good choice. Well now let’s see how it is good to invest in gold.Samayam Tamil
Investing in Gold SGBs are a safe scheme to invest in gold. It offers many benefits like security, interest income, capital appreciation, tax benefits and liquidity. Those who want to invest income in the long term can invest in gold bonds.
You don’t need to keep this in hand as you can get double profit on buying gold bond than buying gold jewellery. You save it digitally.
What are the terms of NRE & NRO Accounts?
And if you buy gold jewelry, you can get it at whatever price it is then. Similarly, if you invest in gold bonds, the interest will be paid directly into your bank account twice a year. So you will continue to earn interest for a lock-in period of 8 years. If you buy jewelry, there is a risk of it being stolen. Investing in the same gold bond will be safer. There is no need to worry about theft as it is managed by the government.
If you want to buy gold bond then you can buy from nearby banks, post office or stock market trading platforms like Upstox, Zerodha Kite, Groww, angle one.
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