FloatingNarwhal
FloatingNarwhal
Student

Best instruments and apps to invest in Gold

I want to invest in Gold. What is the best way?

I put some money in Gullak but they charge 3% GST on it. Is there a way around?

8mo ago
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TwirlyBiscuit
TwirlyBiscuit

Since last 2 years have been investing in Physical gold, I just put them in 11 Month gold schemes, They are available in every city in Major Jewellery stores, This way you get the gold jewellery of your choice plus also no making charges.
I have accumulated around 130g of gold this way till now.

FloatingNarwhal
FloatingNarwhal
Student7mo

noice. My relative also advised me the same

SleepyBurrito
SleepyBurrito

Why do you want to invest in gold?

Do you have future wedding plans? Jewelry buying plans? Preparing for WW3?

The instrument to buy varies on what your end goal is

FloatingNarwhal
FloatingNarwhal
Student8mo

seems like a safe way to diversify

DizzyBoba
DizzyBoba

I have seen people recommending
physical gold > gold etf > digital gold

ever since gold bonds were discontinued by the government. Some local jewellers sell authentic gold without GST but it can be risky if you don't know the jeweller really well.

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