Gold buying is considered auspicious during Dhanteras - the first day of the Diwali festival.
Gold buying is considered auspicious during Dhanteras - the first day of the Diwali festival. With the benefits of liquidity, value appreciation, and acting as a hedge against inflation and currency valuation, investing in gold is essential for a well-diversified portfolio. Additionally, investors believe that gold brings financial security to their portfolio.
Investments in gold can be made either in physical or a paper/electronic format.
While physical gold involves investing in bullion gold, like bars, coins, or jewelry, the value of which is determined by the actual gold content, digital gold is an easy and convenient way of investing without concerns of purity, making charges, and storage.