ilmscore | Stocks DOWN, Gold UP?! - 6 BEST WAYS to INVEST in GOLD! | Ankur Warikoo Hindi

Predictions from this Video

Total: 5
Correct: 0
Incorrect: 0
Pending: 5
Unrated: 0
Prediction
Topic
Status
Jewelers are launching gold savings schemes that allow customers to invest monthly, earn returns, and eventually exchange for actual gold.
"Gold savings schemes say that just like you do a monthly SIP towards the stock market, do the same towards gold and your money will keep earning some kind of return, but at any point of time you can exchange that with buying actual gold."
Gold Savings Schemes
Pending
Long-term capital gains tax on gold, currently at 12.5%, is likely to increase in the future.
"Long term capital gain tax is applicable after three years and it is currently at 12.5%. Most likely, it is going to increase over a period of time."
Long Term Capital Gain Tax on Gold
Pending
Gold is expected to remain a stable asset and act as a hedge against the volatility of the stock market, both during market upswings and downturns.
"it is a great hedging asset hedging means whenever the stock market goes up gold remains a little stable when it Even when it goes down, it remains stable. So, it provides a balancing effect as compared to the stock market ups and downs, which is why a lot of people invest in gold and silver or similar commodities to provide as a hedge or a protection or balancing against the ups and downs of the stock market."
Gold as a Hedging Asset
Pending
Digital gold investment can be initiated with a small amount, starting from as little as ₹100.
"a digital goal can start from as little as ₹1. So, it doesn't need to be a really big amount, like if you have gold worth ₹70,000, ₹80,000, etc., you can start from ₹100."
Digital Gold Investment
Pending
The government may not re-introduce Sovereign Gold Bonds due to higher-than-anticipated costs associated with the significant increase in gold prices and the additional returns provided.
"And this SGB has a duration of 8 years. But what happened was that in these eight years, when SGB was launched, the price of gold increased so drastically. Plus, the % return on top of that, I believe the expense to the government was much more than they anticipated. So, it is possible that the government will not come back with an SGB offer."
Sovereign Gold Bonds (SGB)
Pending