Moreover, the popularity of designs and fashion change and you might not receive the same price for your jewelry when you want to sell it. The one disadvantage to buying gold jewelry is that you need to pay for the making charges, which could add up to another 10% to the price. It is common for people across all economic classes to buy gold on festive and auspicious occasions as it is traditionally seen as a safe and simple investment. The most popular way of investing in gold in Mon is still buying gold jewelry. The following are some of the more popular ways of investing in gold in Mon: For instance, ETFs (Exchange Traded Funds) are simple financial instruments that combine the flexibility of a stock investment and the simplicity of gold investments. Investors can now invest in gold-related stocks and mutual funds. But in recent times, new avenues of investment in gold have opened up providing investors new opportunities to trade in gold. Even though Indians participate in other investment channels, like real estate, on a large scale, investing in gold still forms a significant part of the investment portfolio.Ĭonventionally, gold is invested in the form of coins, bars, and jewelry in Mon. In Mon, gold is bought primarily as a relatively safe investment which has seen significant appreciation in the past.
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