Question: Can someone explain to me how investing in gold works ...

Question: Can someone explain to me how investing in gold works and why its a good idea and why its bad?

i dont like cash sitting around in my bank when it has little value in reality and i was thinking about investing in gold or silver. Can anyone tell me how it works and whats the difference between actually buying gold and buying the certificated for them and if how much money you pay for it and how much money you pay to sell it back to someone? or if someone can recommend a book that would be nice as well

Answer:

y r right . gold is a good investment as it is hedge against inflation. now gold canbe purchsed from stock market through exchange traded fund of mutual funds which is offering gold into them one unit is one gram of gold. here no need to keep in locker it is in demat account as and when u want it back in pure form u can get other wise u can sell it again in excnange. u have to payh brokerage to broker.it is better option other than byhing in phycical p form . no chance of lost. again gold is international commodity . now a days etf people are agreesively bying gold that is why f gold price is raeach ing newer height . in physical form

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