Reducing the risk of actual possession of the gold, one can invest in gold digitally, it lies in the form of 24K & verified by government institutions.
Gold ETF
Also known as exchange traded funds, are units representing physical gold but available in paper or dematerialised form.
It is reliant on the stock market to pool funds from multiple investors to purchase gold bullion or gold- related securities.
Sovereign Gold Bonds
SGBs are government securities denominated in grams of gold. Where Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity by RBI.