We all know how precious gold is, don’t we? Throughout human history, gold has persisted in being a valuable commodity. There are few constants in life, and gold’s perennial value is one of them. Gold has proved to be an inflation-beating investment and generally has good liquidity. Therefore, gold can make for a relatively stable and rewarding investment opportunity. These are the types of gold investments you can consider:

Bullion

Bullion essentially refers to what you’d describe as almost pure gold. While pure gold is no longer utilised as currency as it used to be in olden times, it can still be invested in. Bullion is available over the counter in the form of coins. Nowadays, both bars and gold coins can be purchased online. 

Jewellery and numismatic coins

As age-old family traditions suggest, instead of going down the route of purchasing bullion or coins, people invest in gold jewellery to be financially prudent. Prices for jewellery get affected by cultural, aesthetic values and not just gold prices. Numismatics is the study or collection of currencies, with tokens, coins, medals, and other related objects forming part of it.

Gold mining stocks

This is not similar to buying physical gold. The general advantages of investing in gold carry over to investing in gold mining stocks, making them a gainful investment. When gold prices fall, gold mining stocks rarely dwindle. 

Gold ETFs

Gold ETFs (Exchanged Traded Funds) are similar to buying physical gold, but the only difference is you don’t store or own physical gold. You will get the gold in a paper format in your Demat account traded on the exchange.

Gold mutual funds

Just like mutual funds, gold mutual funds refer to an investment fund pooling money from various investors to buy assets. The fund will either buy physical gold or combinations of physical gold, mining gold, mining companies, and futures contracts in gold.

Sovereign gold bonds

RBI issues sovereign Gold Bonds, and they are a very secure way to purchase digital Gold. It’s again a convenient way of gold investment as you get the ownership of gold without storing it in the physical form.

Digital gold

This method enables you to invest in pure gold digitally. The seller secures an equivalent amount of physical gold in vaults.  Customers can sell this gold at any time at live market rates in rupees or grams. They can also procure the gold in physical forms such as coins or ornaments, after deducting any manufacturing and packaging costs. 

Why prefer to invest in gold? 

For a traditional investor, the most significant criteria are security, liquidity and profitability. You can foresee meeting all of these standards when investing in gold. However, some investors view gold’s returns as too volatile, but gold is convincing to be a safe haven in precarious times  for numerous investors.  

Whatever the rate of inflation, the returns on gold investments have invariably been shown to be in line with it. In a nutshell, it can be valued as an  investment that beats inflation. 

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