Best way to buy gold this Diwali

If you are thinking of buying gold on Dhanteras, but, confused whether to buy physical gold or in some other form. You have many options to buy pure gold sitting at home. Sovereign gold bond or gold mutual fund or digital gold available in payment app? Money9 Helpline hosted Kirtan Shah, Co-Founder of SRE Wealth, to help you understand the best way to buy this Dhanteras gold.

Edited excerpts

Arun Singh: Should we buy SGB or go for Gold MF for averaging?

Shah: If you are asking about averaging, you have bought gold and are talking about gold tracking. If you want a comfort level for averaging and buying or selling gold at any given time, then gold ETF or goild mutual funds gives you a advantage than sovereign gold bond.

Mudit Bengani: Gold ETF is costly or gold mutual fund is costly? How many years SGB are available for selling in Demat account?

Shah: Gold ETFs are mutual funds. There is no difference between ETF and mutual funds. The distinction is that when you buy ETFs you buy at live market prices.

Watch the full video to know more…