Sukra - Personal Finance

Gold ETF are exchange traded funds which tracks the price of gold.
Investors can buy/sell units from the stock exchange and each unit will be backed by physical gold held by the custodian of the scheme.
Gold ETF offers investors a way to invest in gold without the need to hold the metal in physical form.
Each Fund [...]

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Gold is valued as a global currency. It is a safe haven in uncertain times and hedge against inflation. You should invest at least 10% of your portfolio in gold.
Demand :-
Mine Production is unable to fulfill the Global Demand. The supply deficit is fulfilled by Gold reserves of Central Banks. Most of the central banks [...]

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Gold – the precious metal. Also called as yellow metal.  Latin name – Aurum. ISO Currency code of Gold is XAU
Gold is measured by troy weight and by grams.
1 troy ounce ( toz ) =  31.1034 grams
1 gram = 0.0321507 troy ounces (t oz)
Carat / Karat :-
Gold is too soft for ordinary use. It is [...]

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This is also called PPF - 15 Year Public Provident Fund. The scheme was introduced by the Central Government of India in 1968.
Individuals can open the account in any branch of State Bank of India, Nationalised banks and in Post Office. Only one account is allowed per person. The duration of Fund [...]

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