Best ways to invest in gold

New Delhi: Gold has always proved that it is the safest bet whether the economy is in reeling under recession or suffering the brunt of inflation.

At the current price of around Rs 26,000 per 10 grams in the bullion market, the demand for the precious yellow metal remains upbeat.

Here are a five best ways to invest in gold:

Physical gold: You can buy Jewellery from shops which sell hallmarked ornaments, Gold coins or Gold bars. Coins can be brought either from Jewellers or from banks.

Gold ETF: ETFs have come to be a very good way of investment for those who don’t want to keep physical Gold for safety concerns. All you need to have is a Demat account. Many Gold ETFs are available in the market where you can buy paper Gold. It is the easiest and hassle-free method to maintain Gold

Gold futures (Trading through commodity exchange): You can buy Gold through Gold futures from MCX, NCDEX, ICEX. Here too you will have to open a Deemat account. By paying a minimum brokerage fee, you can trade in Gold futures.

e-Gold : e-Gold is also an electronic form of holding Gold. It is slightly different from buying ETFs. Here you are directly the owner of the Gold while in ETFs the holding company is the owner of the Gold. The process is more or less similar to buying ETFs.

Gold funds: You can invest in mutual fund schemes which has its exposure in companies engaged in Gold mining, processing, extraction and marketing. All you need to have is a Demat account.