Investing in Gold in India

Get the latest gold rate in Kerala from http://www.joscogroup.com.

1. Invest in Mutual Funds - gold ETF (Exchange Traded Funds)
2. buying gold coins from BANK
3. buying gold coins from JEWELERY

Presently there are nine different Gold ETFs available in India for trading and investment on the National Stock Exchange (NSE). These are :-

1. Benchmark Gold BeES (GOLDBEES.NS)
2. UTI Gold ETF (GOLDSHARE.NS)
3. Kotak Gold ETF (KOTAKGOLD.NS)
4. Reliance Gold ETF (RELGOLD.NS)
5. SBI Gold ETF (SBIGETS.NS)
6. Religare Gold ETF (RELIGAREGO.NS)
7. HDFC Gold ETF
8. ICICI Gold ETF
9. Quantum Gold Fund (QGOLDHALF.NS)

Gold rate as of 2011-Mar-09 in formation got from www.sify.com
Gold rate for 22 K ==> 1956/-
Gold rate for 24 K ==> 2103/-

    Bank        24K / gm  Bank 24K / gm    Diff   % diff 
SBI             2,103.00       2,296.25  193.25    9.19% 
Bank Of India   2,103.00       2,292.50  189.50    9.01% 
Bank Of Barada  2,103.00       2,344.50  241.50   11.48% 
HDFC Bank       2,103.00       2,508.00  405.00   19.26% 

Reference:
http://www.moneycontrol.com/mf/etf/
http://www.onemint.com/2010/04/14/how-to-buy-gold-coins-in-india/>