Dhanteras 2022 / Not only jewelery on Dhanteras, there are other ways to invest in gold

Dhanteras 2022 | The festival of Diwali (Diwali 2022) is now near. But before that people have started preparing for Dhanteras 2022. Buying gold on the day of Dhanteras is considered very auspicious. This is the reason why people buy gold (Dhanteras 2022 Gold Price) fiercely on the day of Dhanteras. In earlier times gold was available only in physical form (jewelry, coins etc.). But with the passage of time, new options have come to buy gold. Now you can buy gold even for one rupee. Let us know that this Dhanteras you will be able to invest in which options of Gold (Types of Gold).

Benefits of physical gold (jewellery, coin)?

First of all let us discuss the options available from the time of our ancestors. We are talking about physical gold. Any person can invest in physical gold options like this Dhanteras 2022 Dates, coins or jewellery. But whenever you buy this kind of gold, then definitely keep in mind the purity. Because a small mistake can make you lose millions. Keep in mind that if you are buying this Dhanteras jewelery then the option of 22 carat gold will be better. Because it is very solid. At the same time, if you are buying a gold coin on this Dhanteras, then you can opt for 24 carat gold (24k gold price). Let us tell you, custom duty of 15 percent, GST of 3 percent and making charge of 5 percent has to be paid in physical gold.

Advantages of Digital Gold?

This is the age of digital. In such a situation, now gold can also be bought in digital form. The best part is that one can buy Digital Gold even for Re 1 . Investors can buy digital gold online through available options like Phone Pay, Google Pay. In this, the gold of that amount is added to the investor's wallet. However, it is cheaper as compared to physical gold as there is no making charge and custom duty to be paid here. Let us tell you, the only challenge with Digital Gold is the third party system. Because the platform through which we buy digital gold also has interference in the whole process.

What are the benefits of Gold ETFs?

If people investing in the stock market are planning to buy gold this Dhanteras (2022 dhanteras date), then Gold ETF is a great option for such people. ETFs i.e. Exchange Traded Funds, as the name clearly suggests, here the whole matter is of trading. In such a situation, when the market is open, then when an investor can invest in Gold ETF, and during this time can also sell it. Here the accuracy remains at 99.5 or above. An ETF means one gram of gold. The investor does not have to pay GST, making charge and custom duty here. But broking charges have to be paid. The only problem here is that to invest in ETFs, a demat account is required.

Advantages of Gold Funds?

It is a type of mutual fund. For this the investor does not need any kind of demat account. That is, if you are planning to invest in such digital gold which is completely dependent on the stock market, then Gold Funds will be a better option. There is no custom duty, making charge and GST. Let us tell you, gold funds invest in gold ETFs only. That is, in a way, you are investing money in Gold ETF through this. But it is costlier than gold ETFs.

Government also sells gold

If you do not like all these methods, then you can also buy gold from the government. The government issues installments called Sovereign Gold Bonds several times a year. In this, instead of physical gold, security is issued by the government to the investor. In simple words, digital gold in which the government gives a paper as a guarantee according to the grams of gold. The government gives an interest of 2.50 percent to the investor annually. In this, at the time of maturity, the government pays interest to the investor in addition to the current price of gold. If a person invests in Sovereign Gold Bonds online then he also gets a discount of Rs 50 per gram. Here the investor does not have to pay any charges like making, GST, custom duty. But an investor can invest in Sovereign Gold Bonds only when the installment will be released by the government. The last installment of sovereign gold bonds was issued in June this year.