The new issue of Sovereign Gold Bonds (SGBs) will open on 12 July at ₹4,807 per gram. They should look at either gold exchange-traded funds (ETFs) or gold funds," said Malhar Majumder, a Kolkata-based mutual fund distributor and partner, Positive Vibes. According to Majumder, it's easier for investors to maintain asset allocation using gold mutual funds than SGBs. Instead of buying physical gold and storing it in lockers, such individuals can use SGBs. So, if you are buying gold as portfolio investments, stick to mutual funds.

Source: Mint July 12, 2021 13:30 UTC