BQ Big Decisions: In What Form Should You Buy Gold?
So, you’ve decided to buy digital gold. But, which option should you choose?
BloombergQuint’s Big Decisions podcast gets you the insights you need to make big money decisions with confidence.
Love it or hate it, it’s clear you can’t ignore it. Even if it wasn’t for the stellar gains gold has seen over the last two years, a strong case is often made for its addition in a well-balanced, diversified portfolio.
In an earlier conversation on BloombergQuint, the ideal allocation towards gold was discussed. The question is, which is the most effective form to buy gold in.
There is, of course, the physical form—you can buy gold coins or bars. And then there’s digital gold that can be bought on several fintech platforms. You can also buy gold ETFs. And finally, you can subscribe to the government’s sovereign gold bond issuance.
On this BQ Big Decisions podcast, BloombergQuint speaks to Kirtan Shah, chief financial planner at Sykes & Ray Equities, about the best form of gold to buy as an investment, considering aspects like taxation, convenience and cost of ownership.