Gold has provided roughly 11.2% pa in the last 20 years and has shown a CAGR of 11-12% in the last 5 years. This blog delves into the optimal strategies for purchasing 10 gram gold. We will also explore gold options like digital gold, jewellery schemes to Gullak gold+ & compare them on multiple fronts.
If you plan to purchase 10 gram gold, there are two options -
However, when you purchase physical gold, it often comes with huge additional fees like making & wastage charges. This increases the cost of buying 10 gram gold. Hence, many investors do not treat physical gold as an investment.
Gullak Gold+ intervenes to remove this roadblock by providing the option of investing in digital gold without additional charges. On top of this, Gold+ provides investors with extra 5% gold every year on top of gold price appreciation.
Benefits of Investing in 10 Gram Gold with Gullak Gold+
Buy 10gm gold today
Here's a comparative table highlighting the advantages, disadvantages, and returns of different methods for purchasing 10 gram gold:
Table: Ways to buy 10 gram gold
Method | Advantages | Returns |
---|---|---|
Reputed Jewellers | Good option if you want to accumulate physical gold or purchase jewellery. | Dependent on gold price appreciation; Last 5 years returns: 11% CAGR |
Online Platforms | Convenience, no need to check purity, extra returns with some options | Dependent on market value and purity; Last 5 years returns: 11% CAGR. Online options like sovereign gold bonds provide extra 2.5% gold on the initial investment made. |
Gold Schemes by Jewellers | Good for gold accumulation | Good option if you want to accumulate gold to purchase jewellery. Returns in the form of physical gold; value depends on market rates at maturity; Last 5 years returns: 11% CAGR |
Gullak Gold+ | Highest returns on gold in India(~11%market appreciation + extra 5% gold every year), Convenience: invest & withdraw anytime, No need to check purity, Can be withdrawn as gold or cash(INR) when needed | Fixed extra 5% gold over market appreciation. Highest returns amongst the available options: 16% CAGR |
The array of options for purchasing 10 gram gold in India is both diverse and appealing, ranging from the traditional allure of physical gold to the modern convenience of digital gold & Gullak Gold+. Each method brings its distinct benefits, meeting the varied needs of different investors.
Standing out among these is Gullak Gold+. Its innovative gold leasing model offers a new and accessible pathway into the gold market. This is particularly attractive for those aiming to buy 10 gram gold but want their gold to increase over time. With the extra 5% from Gullak gold+, the gold quantity increases by 1.5x in 8 years along with the benefit from gold price appreciation, hence an investment worth considering.
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