Outlook Money
They can invest in gold coins, bars and jewellery, which can be investments or used as wearable assets.
Digital gold can be purchased online directly from the sellers and removes the hassle of storage issues.
SGBs are government-backed instruments with guaranteed interest income.
Gold ETFs invest in gold coins and bars with a minimum 99.5 per cent purity. To invest in Gold ETF, one must have a demat account.
Gold mutual funds invest in Gold ETFs, but unlike stock ETFs, one doesn't require a demat account.
Gold futures are hedging tools for commercial producers and users of gold. They also provide opportunities for portfolio diversification.
Gold mining company stocks can potentially generate higher returns than physical gold.