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Gold ETFs or Buying gold in daily SIPs?

Hi Manish and forum readers,

I was planning to invest in Gold ETFs after understanding the basics on your forum. However, I just came acorss an article today where they mention this plan from Reliance capital where you need to pay a monthly SIP and they buy gold in small units on a daily basis (20 working days) to benefit from averaging. Here is the link with more details for the same:

http://economictimes.indiatimes.com/personal-finance/savings-centre/savings-news/buying-gold-in-daily-sips-a-checklist/articleshow/17440128.cms

Can you let me know which one would be a better option to invest in?

Many thanks

SG. 

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