How to Invest in Gold? | Indian Stocks to Make You a Millionaire
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How to Invest in Gold?

Posted By On 7:02 PM Under

1. Gold is one of the best hedging instrument and it holds all the more imortance in the times of recession. It is always advisable to use the services of a wealth management expert or an investment consultant before making a decision to plunge into this metal as an investment or indulge in metal commodity trading to make money from the precious metal.

2. Moreover it holds all the more importance to use the services of a wealth management expert if one has never dwelled into that area of investment. These experts can help one to achieve personal financial goals and risk tolerance.

3. One can invest in gold bullion coins or buy us gold coins which are an excellent option for investment. Remember to buy coins from reputed coin dealers, both offline and online and do remember to shop for the best price. In India one can buy gold coins from banks and can also buy the same from Tanishq. One will be able to make more money from gold investment if one can preserve gold coins in the original mint packaging and protect them from scratches to maximize resale value.

4. Alternatively one can explore the option of buying the gold bars which are another gold investment option you may want to look into. A point to remember is that smaller bars are more expensive (per ounce) than large bars; however a point in its favour is that one can sell smaller bars easily. Another point to be considered is that bars carry a higher price premium than coins. Do remember to follow the precious metals index.

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