Every Dhanteras, gold remains a popular choice for Indian investors, despite high prices. Leading banks offer secure options, with certified gold coins available through trusted channels. However, the high premium and limitations on resale may make alternative investments, such as gold ETFs, digital gold, and sovereign gold bonds, more appealing for savvy investors looking for liquidity and flexibility.
Dhanteras, a key festival in India, marks the commencement of Diwali celebrations. It holds significant importance for gold investors, as it is considered an auspicious occasion to purchase precious metals. In recent years, the demand for gold during Dhanteras has been steadily growing.
While gold remains a popular choice, the high prices of the metal have pushed some investors towards alternative investment options. Leading banks offer secure options for gold investment, including certified gold coins and bars. However, the high premium and limitations on resale often make other forms of gold investment more appealing.
For savvy investors, alternative gold investment options offer liquidity and flexibility. These include:
Q1: Is it still wise to invest in gold during Dhanteras? A: Gold is considered an auspicious investment during Dhanteras, but investors should consider the current high prices and explore alternative options that offer liquidity and flexibility.
Q2: Where can I buy certified gold coins? A: Leading banks and trusted jewelers offer certified gold coins that are hallmarked and meet industry standards.
Q3: What are the alternatives to physical gold investment? A: Gold ETFs, digital gold, and Sovereign Gold Bonds (SGBs) provide alternative ways to invest in gold without the physical storage hassle.
Q4: How do Gold ETFs work? A: Gold ETFs track the price of physical gold and are traded on stock exchanges, offering liquidity and ease of investment.
Q5: What are the benefits of investing in SGBs? A: SGBs are government-backed bonds that are linked to the price of gold. They offer investors the security of a government-backed instrument, a hedge against inflation, and tax benefits.
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