Sovereign Gold Bonds (SGB) Open for Subscription Tranche Series XII
The subscription for the 12th tranche of SGBs is now open between March 1 and 5. Sovereign gold bonds are opened for subscription by the Reserve Bank of India in various tranches during a financial year. The interest is fixed at 2.5% per annum and you do not get physical gold delivery after redemption. The […]
Should You Buy Sovereign Gold Bonds From The Exchanges?
In India, gold has always been a popular investment option due to its religious and cultural significance. While investors seek to diversify their investments across various asset classes, since 2019, gold prices have seen an upward trend. In 2019, the price of one gram of 24k gold was around Rs.3200. Today, the price is around […]
Sovereign Gold Bond (SGB) Investment FAQs
SGBs or Sovereign Gold Bonds are government securities that are denominated in grams of gold and issued by the Reserve Bank of India (RBI). They are a cost-efficient and hassle-free alternative to investing in physical gold. They are issued in one gram multiples. Individual and HUF investors can invest a minimum amount equivalent to one […]
Tax Implications of Buying Sovereign Gold Bonds (SGBs)
Diversification is one of the best ways to reduce the risks of your investment portfolio. While most investors opt for stocks, mutual funds, and fixed-income investments to ensure diversification, gold investments are yet to establish themselves as efficient diversification tools. There are several options available to investors to gain exposure to gold as an asset […]
Gold vs FD: Which Investment Option to Pick?
The festival of lights is also an auspicious time to start new things. Many people plan new investments during Diwali. There is a range of investment options to choose from including equities, mutual funds, fixed deposits, gold, real estate, etc. If you are planning to invest this Diwali, and are looking for low-risk avenues, then […]
How are Different Forms of Gold Investments Taxed
In India, gold prices crossed the Rs.50000 (per 10 gram) mark for the first time ever in July 2020. This exponential rise in prices was in response to the economic shifts in the market since last year. With increased volatility elsewhere, investors today are greatly reliant on gold investments for ensured and substantial returns. But, […]
Why Should You Consider Buying Digital Gold?
Digital gold is a convenient and cost-effective way of purchasing gold online in small fractions (as low as Rs 10 on Groww) You can buy, sell and accumulate gold of 99.9% purity anytime at the prevailing market price. The digital gold you purchase is stored in secured vaults and insured. Sounds interesting? Wait till you […]
Beginner’s Guide to Investing in Gold- India
With the stock markets swinging in the extremes this year due to the economic impact of the pandemic, most investors were prompted to find ways to hedge their portfolios. During this period, one asset started gaining traction – Gold. If you have been considering investing in gold but are unsure about how to begin, here […]
Why Gold Price is Increasing? Factors that Influence Gold Prices
Gold has been one of the most traditional forms of investment. Before we knew about fixed deposits or stock markets or mutual funds, buying gold was one of the preferred means of investing. In India, gold has always had relevance since it was used during weddings and festivals as a sign of opulence. Over the […]
How to Invest or Buy Sovereign Gold Bonds Online
Sovereign gold bonds (SGBs) was an initiative launched by the Government of India in 2015 to provide people with an opportunity to invest in gold as an alternative to owning gold in the physical form. SGBs are basically bonds that are bought for a certain monetary value and which are backed by an equal amount […]
How to Buy Digital Gold Online on Groww : Step by Step Process
In India, gold is held in high regard both for its auspiciousness and investment value. While there are many ways to purchase gold in India, digital gold is one of the most convenient and cost-effective ways of buying yellow metal. In light of this, Groww has introduced digital gold to make this process simpler and […]
Best Ways to Invest in Gold
Gold investment has long been a safe haven for investors during such testing times because of the opposite trajectory it follows to equities. However, for Indians, gold carries a much bigger value than just an investment opportunity; and when emotion comes into play, it becomes important to pay more heed to the commodity, the risks […]
Should You Buy Gold or Invest in Mutual Funds : A Comparative Analysis
Investing in gold in India is different from investing in gold in other countries. No, we don’t mean that the gold is more valuable here. In India, people attach a lot of sentimental value with gold. They either keep it as ornaments for themselves, use it as gifts in weddings or start saving for their […]
What Is the Current Investing Trend in Gold
For as long as I can remember, Indians have been obsessed with gold. Since centuries, gold has been an integral part of Indian festivities, exchanged in different forms mostly as a gift. This is a common practice observed in most parts of the country even today. Even though India has varying levels of wealth and […]
How Much of Your Portfolio Should be Invested in Gold?
A good investment portfolio has securities based on your investment preferences, diversified, and designed to generate maximum returns with minimum risks. Portfolio diversification is the need of the hour for a modern-day investor. Most investment experts recommend spreading your investments across various asset classes like stocks, bonds, gold, real estate, etc. to achieve optimum diversification. […]
Is Gold the Millennial Way of Investing?
Millennials are the term that is typically used to identify individuals who are born between 1980-2000. The two-decade era has witnessed a massive range in technology and economy. Thus, consumer behavior, expectations, and demands have been different from previous generations. This resulted in companies evolving their business strategies to keep up the pace. It goes […]
The Top 10 Reasons to Invest in Gold
Is gold a good investment? It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold, since it’s an inert metal and doesn’t earn any interest. Let me tell you that gold continues to be a popular investment for ages. It […]