🔥🔥 3 Gold Buying Options
Gold prices have come down due to custom duty reduction.
1 - Gold etfs - biggest advantage - full control - when to buy when to sell. Also in the budget long term capital gain has been reduced from 20% to 12.5%. Key problem is NOT many people understand how to smartly trade ETFs.
2 - SGB - Biggest advantage: no capital gain tax if held for 8 years. Regular interest of 2.5%. Biggest problem - you have no control at the time of maturity you will get money at gold price at that time.
3 - Physical gold - people who have black money buy physical gold. Negatives are making cost, risk of purity, risk of storing safely etc
Let me know what you think of gold prices in the coming days!! Will they fall more?
