Recently, there has been a huge increase in the price of gold in the last few months. The main reason for this is that people invest a lot in gold. According to a figure, a total investment of Rs 145 crore has been made in gold in the month of August. Experts also believe that gold is likely to become more expensive by Diwali.
Friends, even in times of recession, investing in gold is the best investment option till date. However, people are now avoiding buying jewelery and are getting attracted towards gold ETFs to get good returns. According to statistics, a lot of investment is being made in gold ETFs. An investment of Rs 145 crore has been made in August and this is the largest amount invested in gold in the last 9 years.
Experts say that due to fall in the value of rupee and rise in gold prices, investment in gold ETFs is increasing. Investors consider it a safe option for investment. The price of gold is continuously increasing. Therefore, investors are seeing increasing profits in it. Recently the price of 10 grams of gold is above Rs 65000.
Experts believe that gold ETF will prove to be the best return giving investment in the coming days. So if you also want to invest in gold ETF.
So you can invest through mobile app without any paperwork. Many types of mobile apps have come through which you can invest in gold. Google is also offering the opportunity to buy 99.99% pure 24 carat gold through its UPI app Google Pay. In which you can buy gold up to Rs 1.
To invest in Gold ETF through Google Pay, you first have to download the Google Pay app on your mobile. If you open it, the option of Gold Locker will appear there. If you click on it, the option of buy, sell and delivery will appear. In which when you click on buy, you will see the price of gold in milligrams, in which tax will also be included in the price. You can buy gold from there for a minimum of Re 1 and maximum you can buy as much gold as you want.
Gold ETF है क्या?
Friends, the question in your mind is what is Gold ETF? So let us tell you that gold ETF is a part of mutual fund. Who invests in gold. The units of that mutual fund scheme are listed on the stock exchange. The gold ETF is a passively managed fund. The objective of which is to provide returns similar to the returns received on physical gold in the spot market.
How to Buy 1 Rs. Gold in Google Pay ?
- Open Google Pay App
- Find in Search bar Type : Gold Locker
- Now you can buy, sell and Delivery.