Feedback Message Board

I would like to invest 50 grams in gold bonds. Is it good or not?

In My opinion, it is certainly good and should be a game changer. If the intent is investment, then these gold bonds is the place to invest. Following are few things which would have happened if you (or anyone else) would have invested in physical gold.
1.) You would have given making or even more) to get 50 grams physical gold.

2.) From wherever you would have got/bought the physical gold, you would always have thoughts regarding the purity of that gold in some corner of your mind.

3.) You would have kept the physical gold in some locker which is not cheap as well.

4.) These bonds are going to be traceable on stock exchanges which allows you to ideally get back your money within 2 working days. At the same time, at the time of need, no jeweler gives you more than 80/90 % back when you return the coin/jewellery back.

5.) Finally but not the last is that you are going to earn 2.75% interest on it annually which in my opinion is not bad and is bonus. Physical gold does not give you back even a single rupee in terms of interest or so.

Having said that i will personally invest into these bonds now and even going forward. At the same time i will certainly suggest all the people i come across to invest as well.