Taxation on gold investments in India varies by holding type and duration. Physical and digital gold attract capital-gains tax—short-term at slab rates if held under three years, long-term at 20 % with indexation. Sovereign Gold Bonds (SGBs) enjoy tax-free redemption after maturity, while ETF redemptions follow standard capital-gain rules. All physical purchases above ₹2 lakh require PAN disclosure. Experts advise maintaining purchase invoices and considering SGBs for dual benefits of yield and exemption under Section 47 (viic) of the Income-Tax Act.