Where & How To Invest This Dhanteras?

Gold has been more than just a metal with a high price for Indians, as it is considered to be a sign of prosperity and perfect classification of someone’s wealth in the society. One of the major examples of this is the fact that Indian families possess more gold than what is in the reserves of US and Europe.

Which is not a hard thing to digest, as we have always considered Gold to be one of the best mediums to invest. However, people are shifting from their usual gold accessories and inclining more toward other reforms in gold, while investing. Sovereign Gold Bonds, Gold Mutual Funds, ETFs and Biscuits are very popular among the consumer, due to their quality and high-profit rise.

Dhanteras is considered to be an auspicious day for many to buy gold, silver or a household utensil. It also marks the beginning of the 5-day Diwali celebration, which is devotedly celebrated in the country. The word Dhanteras come from the Sanskrit word “Dhan” means wealth and “Teras” meaning 13th day as per the Hindu Calendar.

 

Dhanteras
image source: eidmubarakstatus

While many can’t afford heavy priced gold possessions, they often settle for gold or silver coins too, which are majorly purchased on this day. However, you should also look out for some certain things while buying gold in this season.

* Don’t fall for discounts, always keep in mind that Gold is something that is purchased and sold on the major factor of its authentication and you don’t want to risk your money on something which could be fake, to a certain fraction, just because of the discount.

* Always go for Gold with hallmark certification, for the major benefit in future. Hallmark certification guarantees the purity of Gold, which is very essential.

* Purchase your gold jewellery from a reputed jeweller with a credible track record.

* Never ever settle for a no-bill purchase. A credible bill is always good for the future, while you’re selling your purchased good or getting it exchanged.

These are all the points that you should keep in mind while heading out for shopping today. End the day with sweets and make smart choices about investments and your surrounding.

Happy Dhanteras!

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