Gold Hits All Time High: 5 Ways To Invest In Gold Without Buying It Physically

Gold Price in India: As precious metal prices increased in foreign markets, gold prices in the national capital rose by Rs 1,100 to reach a new high of Rs 92,150 per 10 grams on Friday, according to the All India Sarafa Association.

On Thursday, the price of the 99.9% pure precious metal was Rs 91,050 per 10 grams. The price of gold rose by Rs 23,730, or 35%, in FY25 compared to Rs 68,420 per 10 grams on April 1 of the previous year.

Gold of 99.5% purity rose by Rs 1,100 to a lifetime high of Rs 91,700 per 10 grams, continuing its upward trend for the third consecutive session.  It closed at Rs 90,600 per 10 grams in the previous market closing.

With prices reaching new highs, potential investors may be reconsidering the conventional way of purchasing real gold.  Instead, various alternatives allow you to invest in gold without having to oversee its storage and security.

Exchange-traded funds (ETFs) for gold

Gold ETFs are traded on exchanges like stocks and follow the price of gold.  They provide a simple and affordable method to invest without having to worry about security or storage.

Mutual Funds for Gold

These funds make direct investments in physical gold or in gold mining companies.  They can diversify your portfolio and offer exposure to the gold market because they are professionally managed.

Gold Futures and Options

Futures and options contracts are agreements to acquire or sell gold at a set price in the future.  These are ideal for experienced investors who understand market speculation.

Gold Mining Stocks

Investing in companies that mine gold provides indirect exposure to gold prices.  The stock performance is influenced by both gold prices and the company's operating effectiveness.

Sovereign Gold Bonds (SGBs)

Issued by governments, these bonds are linked to gold prices and offer interest payments. In India, for instance, SGBs provide returns based on gold's market price, plus an additional fixed interest rate.

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