Gold As An Investment Not Ornament

Festive buying meets modern investing as the panel explains gold ETFs, costs, risks and mindset needed to make gold work.

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Outlook Money hosted a Diwali webinar on investing in gold ETFs during the festival season, moderated by Ankita Verma, Assistant Editor, with Chintan Haria, Principal Investment Strategy at ICICI Prudential AMC, and Vivek Goel, Founder and Joint MD at Tailwind. Haria opened with a clear frame for festive buyers: "If you buy gold for wealth and not for wear, an ETF is the cleaner route." He explained that ETF units are "backed by high-purity gold in secure vaults," removing purity doubts and locker hassles, and allowing small ticket purchases through a regular broker account. On tax treatment, he added, "For investors who can hold with discipline, the long-term