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Gold Rate Today: Gold extends rise on weak US dollar Check price of yellow metal in Delhi, Ahmedabad & other Indian cities

Gold and silver futures have continued to rise, reaching one-month high levels amid falling US inflation rates and the dollar index slipping to a 15-month low which boosted the appeal of bullion. The August gold futures on the MCX climbed to INR59,285 ($796) per 10 grams, while September silver futures were up 0.34% to reach INR75,585.

SGB | Gold ETF: SGB vs gold ETF vs physical gold: Know the pros & cons

Investors can purchase gold through various ways including Sovereign Gold Bond Schemes (SGB), Gold exchange-traded funds (ETFs), MCX Gold, and physical gold. SGBs carry a sovereign guarantee and offer a 2.5% interest, while Gold ETFs track the physical gold price, combine stock investment flexibility with simplicity of gold investments and are traded like a stock of any company with tax implications. MCX gold futures carry no management fee and are taxed based on short-term and long-term capital gains. Physical gold can be convenient to buy online or directly from shops.

Understanding the Pros and Cons: Comparing SGB, Gold ETF, and Physical Gold

Understanding the Pros and Cons: Comparing SGB, Gold ETF, and Physical Gold
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