Hey guys,
Which gold investment option is better?
0 voters
Personally, I’ve tried Digital gold. Seems quick and easy.
Questions to those who invest in Digital gold.
Assuming someone just entered into this space ^
Let me know in the comments below 
If you’re new into this space, here’s a quick read - Best Way to Invest in Gold | Gold ETF | Buying Gold | Jupiter
Thanks for your support in this community and the blogs which are really informative and helpful. Sharing my 2 cents in preference order:
Sovereign Gold Bonds:
PROS
Government securities
Additional yearly interest rate, depending on tranche
LTCG after 3 years(No capital gains tax after maturity)
Discount per gram during offering(online)
CONS
Liquidity in secondary market
Long term investment - minimum 5 to maximum 8 years
Gold ETF
PROS
Low costs
Liquidity
CONS
Needs DMAT account
Gold MF
PROS
SIP
Liquidity
Portfolio diversification in various companies
CONS
Expense ratio
Physical Gold
PROS
Buy during discounts from registered companies BRPL, MMTC etc.
Can use them to make physical ornaments if needed
CONS
Security
Only in denomination of grams
Easier to access
Digital Gold
PROS
Ease of access with just KYC
Can convert to physical gold
utilise offers
CONS
GST while buying and selling
Locker and maintenance charges
Difference in sell and buy price
Jewellery items
PROS
Direct use
CONS
Making and wastage charges
Just my thoughts and possibly repetitive 
Please do correct if something is missing or incorrect. Thanks
Thanks @Mani !
This will surely help for deciding which one to go for.
Oh and If you’re investing in gold, can you let us know which one and how long have you been using it for?
Sure , I am new to investing in gold. Have invested primarily in SGB(since 2020), digital gold(mostly short term) and physical gold(during offers). Haven’t invested in Gold ETFs but would like to know if anyone has. Also believe the precious metals are insurance as much as investment, also physical silver and platinum.
And for the questions in your post
How much do you actually invest at first?
How does one know when you should withdraw the amount?
Why do some people convert it into physical form?
You know a lot despite you just entered into investing!
And thanks for answering the questions. Really appreciated
I see, it’s like we invest bit by bit and then wait for the right moment and then we withdraw/convert?
Wonderfully explained… thanks a lot.
Thanks but it is mostly information and not experience. Yes I think you are right that we have to find the right moment but actually have never withdrawn from any investment so not really sure what is the right time
Just saw the Trello board and looks like there would be a feature to convert Jewels into Digital Gold soon, wanted to know if there would be other investment/redeeming options available in the future?
I am personally not a fan of Gold and it is a similar case for most Gen Z folks…
Ah! Good find.
That’s right, soon we’ll be able to turn jewels into digital gold.
There goes my surprise 
Yes, there will be more investment options in the future.
I’ll be interested in investment options - Gold, mutual funds, FD et. al. Please bring it in Jupiter ASAP. Thanks.
Niyo has this Niyo wealth after acquiring Goalwise last year. I suppose Niyo is the only Neo bank with mutual fund investment options.
Fi money has Fixed Deposits.
I am looking forward to Jupiter having investment options. Converting Jewels to Gold is a nifty idea. (No pun intended).
If in case, by investing, Jupiter is also trying to foray into mutual funds or ETF, a possible shift from digital gold to gold ETFs for converting Jewels in the near future would be really appreciated