Investment in Gold and Silver: Future Prospects

Currently gold price increased due to two reasons

1. Iran Israel conflict, whenever any conflict or geopolitical tension looms, people tend to run afterthe safe haven.

2. Chinese Economy - the growth is not as expected and hence the average household there also prefers to have investing in a gold kind of mindset like Indians. They invest in gold beads. You can google more on this.

I am currently investing in digital gold through BATUK app, as digital gold has certain advantages over SGB, ETF and Physical Gold

A. Anytime liquidity

B. Can be converted into Physical Delivery

C. Indexation Tax Benefit

D. Long term capital gain benefit if held for 3 years.

During the 2008 crisis, gold rallied 25%. Hence it is recesion proof too.

I would say add digital gold to your portfolio and I buy through batuk app.

Also whenever experts think/say xyz will happen , it won't . Also who are these experts? Current price rise  is also simply not explainable . Have got IRR of 40% in last 8 months ,more than enough. Let this comment sit here and age and see what happens

Sold today

Had invested via gullak gold +

Underground hone ka samay aagaya hai

Also

Don't Invest in gold via SGB unless you are cash rich and plan to hold it for 5 year, because when you go to sell into secondary market you have to sell it at a big discount of 4-12% all that simple interest gain will quickly wipe off, also in gold etf after 2023 it is(profits) taxable as per slab so invest via mom/dadi accounts

Any famous shops giving discount on making charges present? Any sale ?

This just hurts. 

Will buy some SGB once Gold falls a little.