When it comes to choosing a safe and profitable investment, gold has always been a preferred choice, and so it has proven to outperform the other classes of investment like real estate. For years risk-averse people have been investing in gold in the form of jewelry, coins, or bricks. It is one of the most favorable choices of investment for housewives.

However, apart from this physical form, other ways of investing in this robust asset are alternatively known as digital gold investments. These are Gold ETFs, Sovereign Gold Bonds, and Gold mutual funds. Not only does an investor get a tax benefit, but there is also a guarantee of purity of the gold.

Let’s understand different ways one can invest in gold:

  1. To buy the physical gold one only needs to go to a credible jewelry store. Every reputed store will provide a certificate of purity for your purchase.
  2. To invest in digital gold, one has to do so through different platforms.

Some of the popular platforms for digital gold investment are:

       Paytm Gold

One of India’s leading digital and financial services, Paytm allows its users to invest in digital gold securely from the comfort of their homes. It also offers varied gold saving investment plans making it easy for new investors.

       HDFC securities

If you are looking to buy certified 24K pure gold at the best prices, this is the right platform. You will need a Demat account as you will be investing in gold ETFs. However, your investment will be safe from any currency fluctuations and inflation.

       State Bank of India

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If you are looking to invest in Sovereign gold bonds online, then one of the safest ways to do so is through the e-services of SBI. You only need to log in to the website, register one time for sovereign gold bonds, enter your subscription quantity, nominee name, and you are done.

We hope you have a fair idea of the popular platforms for different types of gold investment now. Always read their terms and conditions carefully before deciding to invest.

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