Open a trading account with a SEBI-registered broker
Choose the gold trading method: gold ETFs, gold futures, gold mutual funds, digital gold, or sovereign gold bonds
Complete KYC using PAN, Aadhaar, bank details, and address proof
Fund your trading account or investment account
Track gold prices on MCX, stock exchanges, or through your broker’s platform
Decide your entry and exit price before placing a trade
Place a buy order or sell order through the broker’s app or website
Use limit orders to control the price you pay or receive
Check contract size, expiry date, and margin requirements for gold futures
Monitor brokerage, GST, exchange charges, and other transaction costs
Follow market news, US dollar movement, inflation data, and global demand trends
Use stop-loss orders to manage risk
Close the position before expiry if trading gold futures
Take delivery only if you are trading physical gold or delivery-based products
Keep records of all transactions for tax reporting
Consult a financial advisor if needed before investing or trading