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Akshaya III: Buy Gold for Rs 50 …

The News GlorybyThe News Glory
01/05/2022

Akshaya Tertiary Day in another two days. Today everyone is looking to buy a lot of gold or take any new item. Buying gold on the third day of Akshaya is becoming a tradition. Some people still wait until today to buy gold and silver jewelry. People tend to buy anything from gold coins to jewelry, to digital gold. There have been a lot of changes in gold purchases in recent times. Most people buy Gold ETFs instead of Physical Gold. Let us now find out in this article whether it is better to buy Physical Gold on the occasion of Akshaya Tritiya or whether it is better to invest in Gold ETFs ..

According to many experts, the importance of digital gold has increased in recent times. People in particular are increasingly interested in Gold ETFs. This is because Gold ETFs are safer compared to Physical Gold. These are easy to store, no one can steal or change their value. You do not have to pay any making charges if you buy this gold. Another important advantage is that you can buy this gold with the money you have on hand. That means if you have Rs.50 in your hand .. you can invest in Gold ETFs based on that value. Buy this Gold anytime, sell it anytime. No problems. On this Akshaya Tertiary you can give gold as a gift to anyone through Gold Exchange Traded Funds or Gold ETFs, or you can buy it yourself. These units are not in material form.

Also Read: Find out how much petrol and diesel rates are in Hyderabad.

But you must have a minimum investment to buy Physical Gold. This means that if you want to buy a Libra of gold, you must have money above Rs 50,000. But in the case of Gold ETFs there are no such conditions. Gold ETFs, like company shares, are also traded on stock exchanges. You can buy and sell these online. 100% Pure Gold is available to investors. You can also invest in it through SIP. Gold ETFs across the country have the same price. But physical gold prices vary from region to region. Anyone who buys Physical Gold must pay the making charges along with the gold. These making charges range from 25 per cent to 30 per cent. But Gold ETFs do not have such charges. Only 1 per cent is required to be spent along with the price of gold. You can also buy gold worth Rs 50 in Gold ETFs. It can be bought and sold at any time.

Also Read: Baboy .. Massive increase in LPG cylinder price, bumping into customers!To find comprehensive information on more than 20 areas, you can subscribe to Economic Times Prime for exclusive Economic Times articles.

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