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Gold is really a common path of investment and is normally acquired as hedge against inflation and economic crisis.  Indians continue being important consumers of gold around the world, although gold prices have been through the roof in recent years. <br><br>You are able to spend money on silver in many ways. It can be obtained in the shape of jewelry, coins or bars or through ETFs.  <br><br>Jewellery: Jewellery is the conventional and hottest strategy to own silver in India. But, it is a fairly costly method to purchase silver due to minor fees or expenses connected with it. Jewelry has making charges which provides around five full minutes of the price. Also, you need obtain a locker or pay rent for bank locker to keep gold in actual form. This further adds to the cost of buying jewelry. If you intend to wear it It's more straightforward to jewelry. But if you wish to use it for investment, it defeats the reason due to high costs connected with it. Also ensure that you get KDM or hallmark silver jewellery to ensure purity. <br><br>Silver ETF: Gold ETF is growing whilst the cost-effective and handiest way to invest in bullion. It tracks the buying price of gold and is traded on stock market. Here 1 unit of ETF is equivalent to 1 g of silver. Also, that you don't need to worry about storage and purity issues. <br><br>Gold coins & bars: Coins and cafes will also be a favorite method to spend money on gold. You should buy them from any jeweler, banks and sometimes even from post office. While, it is a practical way, it is not really a wise one. Cafes and coins come at reduced in the price applicable in the market which can be over 107. Also, most of the time, it is hard to market them and is usually offered at a discount. E.g. [http://successfulthinkersnetwork.com/stn/groups/all-the-of-use-information-on-obtaining-an-excellent-silver-ira-custodian/ website here].