Dear sir,
I request your opinion regarding Digital Gold, which are now available through digital platforms like Google Pay/Paytm/Phonepe etc. Whether we can use this as investment/savings purpose?
Regards,
Javed
3 Answers
Dear Javed,
You can buy or invest through any popular platforms, there should not be any issue!
But, you need to first ask yourself, Do I need to invest in Gold? What is my investment objective and time-frame??
Dear Sir,
Thanks for the reply. Actually i want to accumulate some gold in 3 to 4 years instead of taking the gold at once. So i need your opinion.
Regards,
Javed
Dear Javed,
You can consider investing in Gold ETF / Gold Mutual funds. Kindly go through below article, towards the end, a table has been given which lists the different options to buy Gold.
Gold Purchase Schemes by Jewellers – Pros & Cons | Best alternate options to buy Gold
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