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Bloomberg Quint

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Image Credit: Bloomberg Quint

Gold Hits All-Time High: What Is The Best Investment Option - Physical Or Digital?

  • Gold prices remain at its peak across India on April 1, with Chennai recording the highest rate at 89,430 per 10 grams.
  • Investment options for gold include physical gold (gold bars, coins, and jewelry), digital gold, gold ETFs and ETPs, gold mutual funds, and gold futures and options.
  • Factors to consider when choosing between physical and digital gold include storage and security, liquidity, costs and fees, and market understanding.
  • For easy trading and lower costs, digital gold is recommended, while for tradition or security, physical gold is preferred.

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