In our last article (Invest in Gold the smart way) we emphasised on the importance of gold in one’s portfolio and did a comparison between physical gold Vs. Gold ETFs Vs. Gold Mining Funds, and assessed the smart way of investing in Gold. In this article we would be evaluating whether investing in gold through “E-Gold” is prudent or not.
“E-Gold” is a unique investment product launched by the National Spot Exchange Limited (NSEL) first time in the history of Indian commodities market. The product enables you to buy gold in an electronic form on the National Spot Exchanges’ trading platform and the gold bought by you will reflect in your demat account.
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E-GOLD - Is it worth investing?