Is it right time to enter gold etf?
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Is it right time to enter gold etf?

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Budding Star
BAT_MAN

Looking for gold investment options for hedging as market is very volatile

Physical price is too high and sgb has very long lock in

What can be a good alternative?

Gold ETF? Gold accumulation plans with jewelers? 

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Deal Subedar Deal Subedar
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if interested in gold, can also consider buying gold coins online. There may be some good offers in the upcoming sales. 

Budding Star Budding Star
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chai_lover wrote:

if interested in gold, can also consider buying gold coins online. There may be some good offers in the upcoming sales. 

Looking for such offers since last few months, no success
Pls tag me if you find anything

Deal Subedar Deal Subedar
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BAT_MAN wrote:

Looking for such offers since last few months, no success
Pls tag me if you find anything

ajio hdfc

Deal Cadet Deal Cadet
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BAT_MAN wrote:

Looking for such offers since last few months, no success
Pls tag me if you find anything

tag me too if you find something interesting. Only gold coin not pendant

Deal Subedar Deal Subedar
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I only invest in SGB. I’d hold off till December for more clarity on inflation, economic growth, war related movement in commodity prices and the slowdown in China to pan out. 

Deal Lieutenant Deal Lieutenant
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physical around spot and sgb though it was lockin period

Deal Cadet Deal Cadet
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buy older sgb on secondary market, pick the price properly though 😄

Critic Critic
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BAT_MAN wrote:

No views on gold etf?

Investing around 5-10% of your total investment in gold/silver is recommended anyway.

Budding Star Budding Star
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noobDealer wrote:

buy older sgb on secondary market, pick the price properly though 😄

How?

Deal Subedar Deal Subedar
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noobDealer wrote:

buy older sgb on secondary market, pick the price properly though 😄

That won’t give him the tax free capital gains exemption which is the most lucrative feature of this SGB scheme 

Deal Lieutenant Deal Lieutenant
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BAT_MAN wrote:

No views on gold etf?

paji normal gold se shuru karo. jab vo game pta lag jaegi to etf shetf ki taraf jana

Deal Cadet Deal Cadet
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Ramta_Jogi wrote:

That won’t give him the tax free capital gains exemption which is the most lucrative feature of this SGB scheme 

no tax gain if held till residual maturity. Also even if he sells, indexation applies. With inflation flying high, won’t be much

Deal Subedar Deal Subedar
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noobDealer wrote:

no tax gain if held till residual maturity. Also even if he sells, indexation applies. With inflation flying high, won’t be much

That’s what i said

Deal Cadet Deal Cadet
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Ramta_Jogi wrote:

That’s what i said

i just said buy on secondary, nothing about sale. Anyway, let’s end this discussion here 😄

Deal Subedar Deal Subedar
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Look at  Gold BeES ETF from period 2011-2019 you will get the picture 

Punjab Kings Punjab Kings
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Ramta_Jogi wrote:

That won’t give him the tax free capital gains exemption which is the most lucrative feature of this SGB scheme 

Tax won’t be applicable if you buy one with more than 5 years left and hold it. Exemption isn’t applicable for less than 5 years anyway

Deal Lieutenant Deal Lieutenant
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Note : Personal view only, Not a recommendation , please do your due diligence

I always have gold as a part of portfolio to hedge and I do it on SIP basis .. biweekly.
You can choose any gold fund if you are using zero commission aps ( Zerodha)
SGB are also traded like shares on stock exchanges , similar to shares but with low liquidity.
The link above shows all the SGB Listed

Example – SGBDC27VII –
SOVEREIGN GOLD BONDS 2.50% DEC 2027 SR-VII 2019-20

This traded with a price of 4730 yesterday

ISIN – IN0020190461 , you can search in your trading account.

https://www.nseindia.com/get-quotes/equity?symb...

Deal Subedar Deal Subedar
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thunderguy wrote:

Tax won’t be applicable if you buy one with more than 5 years left and hold it. Exemption isn’t applicable for less than 5 years anyway

That’s what i said

Deal Subedar Deal Subedar
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noobDealer wrote:

i just said buy on secondary, nothing about sale. Anyway, let’s end this discussion here 😄

Oh. I meant secondary buying won’t give him tax benefits like CG exemption which is only possible by buying into fresh issue and holding for 8 years till auto redemption.

@thunderguy

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