Four clever ways to make money with your Gold jewelry in Hyderabad

Four clever ways to make money with your Gold jewelry in Hyderabad

Why do investors like Gold?

Gold has a proven track record for liquidity, low correlations, and returns, making it a perfect diversifier. Following are the reasons why investors prefer Gold over others.

  • Though stocks and bonds have their benefits, Gold has outshined bonds and stocks in some cases.
  • If you buy gold-based assets, you can convert Gold to cash.
  • Whether there is an economic crisis, investors retreat assets to Gold. There are several claims that a Gold Loan is a form of defensive investment.

1. Physical Gold

It is much like buying physical Gold in Gold coins, biscuits, bars, or all Indians love jewelry. But, in all this way, you as a buyer bear the cost of making charges of the same. It’s a safe investment.

Physical Gold is best suited to investors with conventional ways of investing.

Physical Gold can be used as collateral against the secured loan.

2. Digital Gold

It is similar to making a direct investment in gold, but here the investor buys Gold digitally in a vault so the problem of theft and storage in physical Gold is solved.

In recent years, digital Gold has gained a lot of popularity in the investment world. There is a rise in the fintech platforms that provide the option of buying and selling Gold just like any other bank transaction. Investors should keep in mind to invest only through trusted platforms only. Liquidity in digital Gold is very high, you can buy or sell Gold24/7.

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The investment in digital Gold involves tax and some platforms also charge transaction fees, so the returns are lesser than the actual increased value of gold.

3. Gold ETFs

Gold ETF (Exchange Traded Fund), is like a mutual fund that invests in Gold. These Exchange-traded funds act like individual stocks and are traded like a stock on a stock exchange. In Gold, ETF investors get units.

4. Sovereign Gold Bond

The objective behind launching it is to offer an alternative option for investment in Gold. Usually, the bonds come with a lock-in period of 5 years or more. Investors need to keep this in mind because other alternatives don’t have a lock-in period.

A sovereign Gold Loan has one big positive part, as it is a bond it pays interest 2.5% over. Above the absolute Gold, returns are paid on a half-yearly basis.

Every individual can only buy up to 4 KGs of Gold, per financial year, and in the case of a trust, it’s 20KGs. The capital gain on the maturity amount of these bonds is tax-exempt, making them attractive for long-term investors.

Advantages of investing in gold

Helps at the time of Inflation: Gold has always been on the top of the list for people as it comes with positive results even during economic down and market inflation.

Easily Convertible: Gold can be easily converted into any form of assets, at best Gold can be used to get cash.

If you plan to start a home business, you’ll need money to start business. If you don’t have enough funds, join hands with Rupeek. Hyderabad is the place of monuments – the treasure of Gold consists of tourist spots like Charminar and the fort of Golconda, temples, bazaars, masjids and temples. Rupeek offers Best gold loan in Hyderabadat at affordable rates.

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The best part of availing a gold loan is that it’s a hassle-free process and needs minimum documentation. Thanks to Rupeek Gold loans, you can have almost anything to fund your startup.

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