IT'S no secret that Indians are the largest consumers of gold. Come dhanteras and we flock to the jewellers (or banks) to buy that token gram (or few grams) of gold. This, irrespective of prices.
But the options are far more now than there were a few years back. It's no wonder then, that Alok Govil, a retired Army Colonel, wants to invest in gold this year, but differently.
But the options are far more now than there were a few years back. It's no wonder then, that Alok Govil, a retired Army Colonel, wants to invest in gold this year, but differently.
An avid reader and active Internet surfer, Govil doesn’t believe in leaving his investments to chance. He has a well-diversified portfolio of stocks, mutual funds and fixed deposits.
Govil has also put money in physical gold (trinkets for his wife and daughters). Now, he wants to invest in a gold ETF.
Before taking the plunge, he wants to know:
1. If gold ETFs score over physical gold?
Govil has also put money in physical gold (trinkets for his wife and daughters). Now, he wants to invest in a gold ETF.
Before taking the plunge, he wants to know:
1. If gold ETFs score over physical gold?
2. If it is better to buy gold bars and coins from a jeweller or a bank?