An incessant rise in gold prices has got Asansol-resident Anagha Das interested.
Unsure of whether her timing is right, this 30-year old wants to start small say Rs 5,000 a month. "I want to start with an option that does not eat into my investments by way of charges," says Das.
There are four avenues to invest in gold.
You can do so through physical gold (coins and bars), gold exchange-traded funds (ETFs), feeder funds and the e-series (popularly called, e-gold) launched by the National Spot Exchange.
Of these, paper gold is favoured unanimously as an investment avenue.
Buying physical gold is not attractive because of the higher purchase price and lower selling price. Storage and safety are the other issues.
Text: Business Standard
Images courtesy: AP / Reuters