Here are digital ways of buying gold this Diwali

Buy gold this Diwali without leaving your couch. Thanks to government's bid to monetize gold, now there are many digital ways of investing in the yellow metal. The easiest way of doing so is through ETFs, SGB and the newly launched MCX Gold options. Traditionally, gold is considered auspicious and used as a hedge fund in Indian households.

Gold ETF or Gold Exchange Traded Funds are trades on the stock exchange. Gold ETF provide greate liquidity as they can be bought and sold during market hours at the real-time rate. You get a fair value for gold, minus brokerage and duty. You need not worry about the purity of gold or its safekeeping. You get log on to you demat account and buy Gold ETF.

Sovereign Gold Bonds are one of newest way of investing in gold. SGB is an interest bearing mode of investing in gold. You can buy gold through your demat account, from authorized banks and NBFCs. They are trade on stock exchange, hence fairly liquid in nature. 

Multi Commodity Exchange (MCX) on occasion of Dhanteras has launched options contract for gold on its trading platform on Tuesday. 

Playing on the festive moods, even e-commerce players like Amazon, Paytm are selling gold online.

Globally, India is the second-biggest buyer of gold. We import around 800 tonnes yellow metal every year, which is mainly used in jewellery and as an all-weather investment.