Gold investment in India has evolved beyond traditional gold coins and jewelry, offering various options with distinct tax implications. Investors can choose from Physical Gold (coins, bars, and jewelry), Gold ETFs (exchange-traded funds), Gold Mutual Funds, Sovereign Gold Bonds (SGBs), and Digital Gold. Each option has its advantages and considerations. Physical gold provides a tangible experience but involves security risks. Gold ETFs and Gold Mutual Funds offer market exposure and liquidity. SGBs are government-issued bonds denominated in grams of gold, offering fixed interest rates. Digital gold is a virtual investment with the convenience of 24k gold certified by government-licensed agencies and easy buy and sell options. Investors can select the option that suits their preferences and investment goals.