Gold prices are currently at an all-time high, and 10 grams of gold is trading at up to ₹1.35 lakh. According to experts, now projections are up to Rs 2 lakh per 10 grams. But not only fresh investment, you can also earn on old gold.
The new and great way for this is Gold Leasing. In this you lease your idle or unused gold to Jewellers, Refiners and Financial Markets. This fulfills the short-term demand of Jewelry and you get 3-4% passive return every year.
When inventory is low, this rate increases to 6–7%. The biggest advantage of Gold Leasing is that you save expenses on storage, and you also get continuous income like Dividend. This service can be done on digital platforms like RSBL, Gullak and Gold Monetization Scheme of banks.
If you are a long-term investor in Gold, then Gold Leasing can give you the benefit of both Gold Price Appreciation + 3-4% Extra Return. This means an average of 12-13% Capital Gain + 3-4% Passive Income. This also makes Non-Yielding Assets Investor-Friendly.
