Gold Investment Tips: Gold prices in India are constantly making new records. Recently, the price of gold in Delhi's bullion market reached the level of Rs 94,350 per 10 grams. Experts believe that it can soon go up to Rs 1 lakh. At the same time, in the global market, the haven asset gold also reached a new peak of $ 3,167.71 an ounce. Due to Donald Trump's tariff policy in the US and growing economic concerns, the demand for gold has increased, which has led to a jump in its prices.

What is the rate of gold today?

Gold prices remained almost stable in India till 7:59 am on April 4. According to the India Bullion Association, the price of 10 grams of gold in Delhi was Rs 89,040. In Mumbai, it went up slightly to Rs 89,190 per 10 grams. In Kolkata too, gold reached a price of Rs 89,070 per 10 grams. In Bengaluru, it was Rs 89,260. The highest rate was recorded in Chennai, where the price of gold was Rs 89,450 per 10 grams.

Will gold become more expensive now?

Commodity market experts say that gold prices may go up further in the coming months. According to Kotak Securities, the price of gold on the Multi Commodity Exchange (MCX) can reach Rs 94,700, while some analysts believe that if the current trend in the market continues, it can touch the figure of Rs 1 lakh per 10 grams.

Most people still prefer to buy physical gold.

In India, gold is not just an investment, but an emotion. For centuries, it has been considered a symbol of prosperity and wealth. Buying gold is considered auspicious at weddings, festivals and family functions. This is the reason why even though the government has launched new options for investing in gold, most people still prefer to buy physical gold.

One advantage of physical gold is that it can be easily sold when needed. But there are some challenges in it like storage concerns, risk of theft, and making charges, which can reduce the total return of investment made in gold.

Growing craze of Gold ETF

If you want to invest money in gold only for investment purposes and want to avoid the hassle of buying physical gold, then Gold ETF (Exchange-Traded Fund) can be a great option. It is in digital form and can be bought and sold in the stock market. Its prices are linked to the prices of gold, but there is no concern about storage, theft, or purity. It can be bought and sold online. It is a transparent investment, in which you do not have to pay any extra charge like making a charge. Its liquidity is also better, that is, whenever you need money, you can sell it immediately.

A demat account required for investing in Gold ETF

However, it also has some drawbacks. The biggest thing is that a demat account is required to invest in Gold ETF, which not everyone has. Apart from this, a 12.5% ​​Long Term Capital Gain Tax (LTCG) is applicable on holding for more than 12 months. Also, since it trades on the stock exchange, its prices depend on the demand and supply of the market, due to which it keeps fluctuating.

Physical Gold or Gold ETF...where to invest?

If you want to wear gold as jewelry or keep it as a family heirloom, then physical gold will be better for you. But if you are buying gold only for investment purposes and want liquidity and security, then Gold ETF is a better option. Before investing in it, look at the "Expense Ratio" (fund management expenses), because the lower it is, the more benefit investors will get.

Zerodha Gold ETF

This is an excellent option for those investors who want to invest in gold at a low cost. Its expense ratio is just 0.32%, which makes it cheaper than other funds. It was launched on 26 February 2024 and the risk of investment in it is at a high level. However, talking about its returns, it has given a great return of 30.58% in the last 1 year, which makes it an attractive investment option.

Mirae Asset Gold ETF

It is becoming a popular option among investors. Its expense ratio is 0.34%, making it an affordable investment option. It was launched on 20 February 2023 and it also comes in the high-risk category. It has given a return of 30.54% in the last 1 year. It is a good option for those interested in investing in gold.

LIC MF Gold ETF

This is an old and trusted fund, which was launched on 9 November 2011. Its expense ratio is 0.41%, which is slightly higher than the two funds mentioned above, but it is still considered an affordable option.

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