Gold stocks are shares of companies that are involved in the exploration, mining, production, distribution of gold,It can be an Exchange Traded Funds (ETFs) or gold Mutual Funds (MFs).
Investing in gold stocks can offer many advantages and some risks.
Advantages:
1.Leverage to Gold Prices(सोने की कीमतें बढ़ने से निवेशकों को फायदा होगा) Investors gets benefit from When the price of gold rises
2.Diversification: It can minimize the risk of investors because investment in gold stock are less risky then other equity investment.
3.Dividend Income: Every profitable gold companies give dividend to shareholders,it is additional income to investors.
Risks:
1.Operational Risks:Every gold mining companies have geological due to governmnet policies.
2.Company-Specific Risks: Companies may face financial issue .
Best gold stocks in India
1.Goldiam International Ltd
2.Thanga Mayil Jewellery Ltd
3.Tribhovandas Bhimji Zaveri Ltd
4.Kalyan Jewellers India Ltd
5.PC Jeweller Ltd