silver & gold
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Pls help best way to invest like which source or app to do so...
Both are in uptrend right now and it can continue in coming months. SIP is the best way to invest right now.
with yesterday's news of Iran and if anyone - Israel/US or Hamas/hezbollah/Iran take any drastic move then for sure Gold to hit 1L per sovereign (already 22k is around 55k and 24k around 61k now) due to WW3 fear
I couldn't understand the prices you are quoting, I see
24k prices are touching 77k per 10gm and
22k prices are inching closer to 71k (incl GST)
https://www.goodreturns.in/gold-rates/chenna...ml
above are the gold rate prices where you will have them quoted in offline jewellery shops (Chennai) where they have it more or less (e.g. GRT) the same as you have rates updated in morning and in the evening and also the weight is mostly mentioned in sovereign which is equal to 8gms and these rates are without GST or any making charges etc..
Ways to buy :
Gold and silver etfs
SGB ( maybe also for silver)
Mutual Fund
Digital Gold and silver
MCX Contracts (for example silvermini , silvermicro)
Gold backed crypto such as paxg ( i maybe wrong on name check it was on vauld before their bankruptcy)
Physical jewellery/ coin /biscuit
good for investment
keep purchasing via SIP or lump sum route whatever convenient