How to invest in E-Gold?

Provide the steps of investing in e-gold.(Step by Step instructions).
Category: Stock Markets 7 years ago
DINESH XAVIER
Asked 7 years ago

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E-Gold allows us to buy and hold gold in dematerialized form in a DEMAT account.
Dematirialized form means, we are not getting the gold physically in our hands, but its getting registered in our DEMAT account.

There are Several benefits of E-Gold compared to physical buying,
1. Easy to Liquidate(easy to sell them. As easy as selling shares)
2. Dont need to worry about the quality of the Gold(Everyone gets same quality(24C))
3. No lockers needed to store

In india E-Gold is available as ETFs(Exchange Traded Funds). NSE has a gold ETF which is free of risks but you can also search for other companies offering ETF services through internet but a thorough research should be done about that company before buying or selling gold.

Charges for buying and selling them depends on the brokerage charged by broking firms(usually some 0.3-0.5% per transaction) and ETF margins decided by the Equity markets BSE and NSE
krishna pramod
Answered 7 years ago
krishna pramod

It's simple, your bank provides you facility to invest in E-gold.
suni51
Answered 7 years ago
suni51

When you look for e-gold, you will definitely get the instructions to make account online for trading. You read the guidelines and continue the steps.
Devyani Sarkar
Answered 6 years ago
Devyani Sarkar

Go to the bank and get it cleared from them.
Sanjeev Gupta
Answered 6 years ago
Sanjeev Gupta

the bank serves the facility to it via Demat account
Aakash Agarwal
Answered 6 years ago
Aakash Agarwal

Investing in E gold right now is not a profitable proposition. Because the cost of gold is in a diminishing trend.
rambabu
Answered 5 years ago
rambabu

through bank
dey provide des type of service
Aakash Agarwal
Answered 6 years ago
Aakash Agarwal

You can consult the bank and get a clear idea about that.
V.R.JOTHIBASSU
Answered 6 years ago
V.R.JOTHIBASSU

Via Demat account..
charmingkids17
Answered 6 years ago
charmingkids17

Paytm has an option of investing in E-Gold.

Sheetal Kumar N
Answered one year ago
Sheetal Kumar N

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