This Diwali, Bond With Gold
27 Oct 2022
Come Diwali and there is increased interest in buying gold – the defi¬nitive symbol of wealth and prosperity. What are the advantages of buying gold and what is the ideal way to invest in the yellow metal?
• Advantages of buying gold
1. Acts as an inflation hedge
2. offers portfolio diversi¬fication
• How to invest in gold
1. Buy physical gold
2. Buy gold-based investments like sovereign gold bonds
• How sovereign gold bonds add value
Sovereign Gold Bonds are offered and regulated by the RBI to facilitate investments in gold. Features and bene¬fits of the bonds include:
1. Fixed interest rate (2.5 %*) in addition to the linked gold price.
2. Customised and varied investment size.
3. Exemption from capital gains tax*
4. Minimum investment starts from one gram and in multiples of one gram thereof
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