Whosthat360
Advertisement
  • Home
  • Finance
  • Meenal Goel's Top 3 Gold Investment Strategies

Meenal Goel's Top 3 Gold Investment Strategies

Looking for a hassle-free way to invest in gold? Meenal Goel compares Physical Gold, Digital Gold, and Gold ETFs to determine which one provides better returns!

Meenal Goel,Meenal Goel dishes,Meenal Goel finance,Meenal Goel finance influencer,Meenal Goel finance tips,Meenal Goel reels,Meenal Goel tips,3 Gold Investment Strategies,Physical Gold vs Digital Gold vs ETFs,Gold ETFs,investment ideas,whosthat360,news and media

Meenal Goel's Top 3 Gold Investment Strategies

Photo Credit: Meenal Goel Instagram

Highlights
  • Meenal Goels guide to smart gold investments
  • Physical Gold vs Digital Gold vs ETFs
  • Pros, cons & smart choices

Gold has always been a favorite for investment, but you might not be aware that there are various means of investing in it. As per finance expert Meenal Goel, there are three primary methods you should consider:

1. Physical Gold (Jewellery)

Gold is normally purchased in jewellery form by most people, but it incurs additional charges. When purchasing jewellery made of gold, you will have to incur GST (around 3%) and making charges, which will be between 5–15% of the value of the gold. The issue is that the charges are not refundable when selling the jewellery, meaning your returns will be less than anticipated.

2. Digital Gold

Digital gold is a new way to invest that does not require the storage or security of any physical assets. Digital gold doesn't have any making charges, and GST is only on the purchase price. The most advantageous aspect of digital gold is that you can begin investing from as little as ₹100, so it is the best for small investors. As no craftsmanship is required, prices of digital gold track very closely with market price.

3. Gold Exchange-Traded Funds (ETFs)

Gold ETFs are also a suitable choice if you wish to invest in gold but do not necessarily want to hold it. These are traded and sold in a demat account, similar to shares. Gold ETFs do not involve making charges or GST while buying or selling, unlike jewellery or digital gold. The minimum investment amount is generally the price of one unit, which is about 1 gram of gold (about ₹8,000–₹8,500). Gold ETFs are more liquid and transparent than the other choices.

If you want to be comfortable and cost-effective, digital gold will do. If you need liquidity and transparency, Gold ETFs are the best option. But if you prefer old-fashioned investments, physical gold can still be an option—just consider the additional expense!

For the latest Influencer News and Interviews, follow WhosThat360 on X, Facebook, WhatsApp, Threads and Google News. For the latest interview videos, subscribe to our YouTube channel. You can also follow us on our WhatsApp channel.

Further reading: Meenal Goel, Meenal Goel dishes, Meenal Goel finance, Meenal Goel finance influencer, Meenal Goel finance tips, Meenal Goel reels, Meenal Goel tips, 3 Gold Investment Strategies, Physical Gold vs Digital Gold vs ETFs, Gold ETFs, investment ideas, whosthat360, news and media

Comments

0
  • 5 ★
  • 4 ★
  • 3 ★
  • 2 ★
  • 1 ★
Post Comment Post Comment
Advertisement

Related Influencer