Investing in GOLD in India, Pros of Cons, Investment Options In India, Save Unsafe, Best or Worst

24k gold coin amazon: https://amzn.to/3kolo0s Rich Dad Poor Dad Book: https://amzn.to/3iIR9iA (Must read to bring radical change in your finance outlook) Video explains GOLD as an investment option. Video shows study of ROI given by gold in last 30 years, also video suggests best way to invest in GOLD. Gold and the currency relation: Gold has always been the basic of economy of any country. Before 17th century, gold was the only currency in almost all countries in the world. Paper currency was invented in 17th century. Trading in gold was very difficult affair, specially molding and creating denomination was very tough task and was hampering trading. Paper currency solved all those trading hurdles. Till early 19th century, paper currency used to be backed directly by the gold reserve of any country. A country can produce paper currency, only in proportionate to the gold reserve they got. As of today, there no relation between gold and the currency, so there is no guarantee, specially from government side to buy back gold. Although gold and currency are not related as of today, every country maintain gold reserve, gold is still one of main factor which defines any countries economic power. Facts about gold: Gold is a rare metal, it requires huge amount of mining to produce some amount of gold. Although gold is a rare metal, it's available in sufficient quantity for it's use cases, which are mainly ornaments and antique items. Being rare, yet available in sufficient quantity if the uniqueness of gold, which makes it valuable and acceptable for it's use cases. Gold has low melting point, and is a soft metal, and hence gold is the best metal for ornaments. Although gold is soft metal, it's quite strong. Gold never catches rust and its quality doesn't degrades with time. Due to these qualities, it's the best choice for ornaments. Considering gold as investment option: Pros, Price of gold remains same in all countries in world. So whether it's american country, European country, Arabian country, Africa country or Asian country, gold price remains same. When you compare price of gold in any 2 countries, you won't find more than 10% variation at any given point in time. Gold is free from inflation, Inflation has no impact on gold price Gold is free from economic collapse of country, so even if currency value reduces, gold price remains same across borders gold usually trades disproportionate to stock market, when stock market doesn't do good, people tend to invest in gold Cons, Theft of gold Cost to store gold in safety deposit like bank locker no buy back guarantee from government or any institute it's not a commodity, so there is no industrial use case of gold. there is no guarantee of appreciation of gold prices over time gold doesn't carry any absolute value or definite use case, it's mainly driven by it's availability and sentiments. GOLD return analysis study in history in India Comparing gold price in 1991 to 2000, you would see, gold price appreciated by 30% in decade, so gold gave yearly returns of 3 % Comparing gold price in 2001 to 2010, you would see, gold price appreciated by 400% in decade, so gold gave yearly returns of 40 % Comparing gold price in 2011 to 2019, you would see, gold price appreciated by 50% in decade, so gold gave yearly returns of 5 % Best way to invest in gold: Best way to invest in gold is to buy paper gold. For paper gold, sovereign gold bond is the best way to buy gold in India. Sovereign Gold Bond scheme features: 2% annual interest rate, taxable maturity period is 8 years, with tax free capital gain lock-in period in sovereign gold bond is 5 years, but then capital gain is taxable if you are wondering how to buy sovereign gold and where to buy sovereign gold bond from then the answer is, you can buy it from any bank using there net banking. sovereign bond is available for subscription that means for purchase every month for 4 to 5 days, check for exact dates to purchase sovereign gold bond online. you can check exact dates to purchase sovereign gold bond on google or in directly net banking in one fiscal year, you can buy 1gm to 4kgs of gold under sovereign gold bond scheme, which is a huge amount and very flexible Benefits of sovereign gold bond or paper gold over real physical gold: no risk of theft no cost of storage in safety deposit like bank locker no GST on purchase of sovereign gold bond, but when you buy real gold, you have to pay GST on gold purchase, that is the sales tax on gold in India you earn guaranteed 2% annual interest you get buy back guarantee from government Disclaimer: Product links provided are affiliate link. Purchase done via link draw small commission. This commission helps me in creating content. I try my best to recommend only best & value for money products for given category.