I recently checked the price of digital gold, which is approximately 75,800 INR. Additionally, there is a 3% GST, amounting to about 2,200 INR. When selling the same gold, the price is around 73,100 INR. This results in an immediate loss of about 5,0
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Anonymous 1
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Gold is a long term investment. Over years its price grows exponentially.
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I recently checked the price of digital gold, which is approximately 75,800 INR. Additionally, there is a 3% GST, amounting to about 2,200 INR. When selling the same gold, the price is around 73,100 INR. This results in an immediate loss of about 5,0
SGB (Sovereign Gold Bond):-
- Backed by GOI. Safe.
- Benefits of Gold price appreciation
- 2.5% interest per annum
- No Tax on redemption
- No making charges
- Tenure: 8 years, exit option from 5th year
SGB is the best alternatives, if you want to