The best way to invest in gold

[NeoKaran]

I want to invest in gold for my long-term financial plan. Where should I invest: in gold coins, ETFs, or Sovereign Gold Bonds? I want to determine which option genuinely fits my objectives.

[Siddarth]

If you’re considering gold, Sovereign Gold Bonds (SGBs) are probably your best bet for the long run. They’re safe, pay you 2.5% interest, and are tax-free if you hold them until they mature.

If you want something easy to buy and sell at any time, go for Gold ETFs. Physical gold is nice to hold, but the additional GST and making charges make it somewhat more expensive as a pure investment.