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Is buying Gold good investment? And you bought online or offline ?

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Kendall Everett

Stealth

10 months ago

I have purchased SGBs in demat format.
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Karilyn Lee

Startup

10 months ago

How much tax we need to pay while Buying and selling?
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Karilyn Gabriel

Tibco

10 months ago

No need to pay tax while buying or selling SGB(ie maturity)
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Jordon Vernon

Tatvasoft

10 months ago

If you have ‘cash’, then buy physical (no tax). If you don’t have ‘cash’, then buy SGBs or Gold ETFs (tax is included in purchase value). There will be very small difference in terms of returns in the long term between physical and demat. But you must have allocation to gold in your portfolio, it never depreciates over a long term.
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Isaiah Carmden

Startup

10 months ago

Thank you
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Dezi Lee

Slice

10 months ago

One more thing to keep in mind is gold only gives a good return over the horizon of 5-8 years. For diversification it makes sense to invest in gold, but don't go overboard only invest up to 10% of your portfolio
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Blair Lee

Stealth

10 months ago

I can only afford RGB lol
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Blair Carmden

Stealth

10 months ago

I have SGB's
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Matilda Vernon

Stealth

10 months ago

Once us defaults gold will go up Irrespective of form.
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