Gold prices are currently down 10 percent from their highs. However, investors believe that the price of gold will cross Rs 60,000 by Diwali. So if you are thinking of investing in gold then this is the best time. Gold will usually be invested in a number of ways. Nowadays the government also from time to time comes up with a sovereign gold bond scheme to invest in gold.
We give you a variety of information before investing in gold, which will come in handy. Investors generally have many good options for investing in gold, including Paper Gold, Gold ETFs, Sovereign Gold Bonds, Gold Mutual Funds and Digital Gold are considered good options in the Corona era. Have been. Because investing in these options can be easily bought and sold. So gold is also pure and there is no need to worry about keeping it safe.You can also buy gold jewelery as a financial asset instead of buying it. You also have to be careful when buying jewelry. With no realization of how pure it is. Also, when buying gold coins or jewelery, it has to be protected. This is the best option to buy digital gold. Most people know about mutual funds. Now gold mutual funds have also entered the market. It is funded by investors. In this too the fund manager takes care of the investments of the investors. Market conditions affect the fund’s returns. Investors should invest based on risk taking ability.If you buy gold and sell it in less than three years, then it will be subject to short term capital gains tax. This will affect your total income. So after three years, selling gold will be subject to long-term capital gains tax. You have to pay LTCG 20% + surcharge. A 4% cess indexation is possible with a benefit. Feel GST on physical gold.