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SquishyPotato
SquishyPotato
12mo
by
Stealth

Investment in Gold. Apps like Gullak vs ETFs

Thinking of investing in Gold. What's the best way to go forward? Apps like Gullak or ETFs or anything else? Aim is long term but I'll also be getting married in about an year or so.

Also, is the breakdown shown in Gullak app any accurate?

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12mo ago
SparklyBanana
SparklyBanana
Uber
12mo

Dont go for these apps, when you want to sell these apps will show a price which is 3-4% lower than market price! So overall in buying+selling+gst at purchase about 8-10% of returns are just gone. Try GOLD ETFs

SparklyNugget
SparklyNugget
Capgemini
12mo

Any reviews about Jar?

ZippyMochi
ZippyMochi
Stealth
12mo

Just buy physical gold. These apps aren't safe and can get hacked any time.

SparklyNugget
SparklyNugget
Capgemini
12mo

Any reviews about Jar?

SquishyPotato
SquishyPotato
Stealth
12mo

Thank you, everyone, for the insights. Will start a detailed research about physical gold and ETFs and then decide which way to go.

JumpyPretzel
JumpyPretzel
Stealth
12mo

Go for ETFs via proper broker platforms like Upstox, Zerodha etc

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