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PHYSICAL OR DIGITAL

Ninad Ramdasi
/ Categories: DSIJ_Magazine_Web, MF - Letter to Editor, DSIJMagazine_App, Mutual Fund, Letters to Editor
PHYSICAL OR DIGITAL

The special report titled ‘Buy Gold Digitally’ was quite insightful. However, I have a query. If I want to invest in gold for my daughter’s marriage which will be handed over to her physically on her big day, would it make sense to invest digitally? Which would be more beneficial? -

Arun Maheshwari

Editor Responds : I believe buying gold for your daughter’s marriage digitally is a better option than buying it physically as there is cost of carriage for physical gold. You can always invest digitally and at your daughter’s marriage you can convert it into physical form by selling your digital investment in gold.

 

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