- In this corona Pandemic, investing in gold also gives an opportunity to earn.
- Gold price can reach more than Rs 49,000
- Buying gold coin and bar is more beneficial than jewelery
- New Delhi: Gold price (GOLD PRICE) is running at Rs 48,700 per 10 grams today, even though the price of gold is currently showing a decline, but experts believe that this price of gold should be used as an opportunity. Which means right now is the right time to buy gold (INVEST IN GOLD) so that you can take advantage of it in future.In fact, in many countries due to rising cases of corona, the second phase of lockdown is in danger and due to this atmosphere of fear both gold and silver are showing strength. On July 7, the price of gold on MCX was Rs 48,800, while the price of silver was also trading at the level of Rs 50,200.Experts who trade in these precious metals believe that gold can touch the level of Rs 49000-49220 per 10 grams in the coming days. That is, if you want to earn in this epidemic too, then you can invest in gold without delay.
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What kind of gold to invest in (HOW TO INVEST IN GOLD ) – In our country people use gold as jewelry and not as an investment, so the question arises whether it is right to invest in gold jewelry Or we need to see some more options.
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Actually, while selling gold jewelery, jewelery making and other charges are removed from the price of gold taken while buying, so you have a loss in selling gold. That is, it is advisable to avoid buying gold jewelry in terms of investment.
Gold coin and bar – If you are buying gold for investment, then gold coin and gold bar are of 24 carat. There is no making charge in this, that is why you can invest in gold coins and gold bars. You can buy this gold from banks or jewelers.In addition, investing in GOLD ETFs is also beneficial. Both Gold Mutual Fund and Gold ETF are Mutual Funds investments. Gold ETFs are listed and traded on the stock exchange. The government issues gold ETFs from time to time, if you wish, you can also invest in them.
