The price of gold is increasing continuously. The recent Iran-Israel war saw a huge drop in gold prices which skyrocketed. Under this relief given before the festival of Akshay Tritiya, gold recently saw a drop of Rs 3000 per 10 grams. At the same time, today i.e. 7th May 2024, there has been an increase once again compared to yesterday. Today 24k gold (1 gram) price in Delhi is Rs 7163.93. This compared to yesterday’s Rs. 51.29 is more.
Akshaya Tritiya is a festival that is celebrated with much fanfare and buying gold on this day is considered auspicious. When comparing year-to-date (YTD), we find that gold has given a gain of 13 percent and silver has given a gain of 8 percent. Should women investors invest in gold in such a situation? (Also Read- Advice to Women Investors: Both gold and sensex are skyrocketing! Who to bet on and who to leave aside? expert advice)
However, Rajendra Porwal of Bullion Markets recently told News18 Hindi that gold prices have been rising steadily since the beginning of this year, but gold prices have weakened in May as well. In the coming days, the wedding season can be seen picking up momentum again. Gold investor Nakul Purwat says that this is a good opportunity to invest as the price will definitely increase further.
Although experts believe that paper gold is the best option to invest in gold, but still if you want to keep gold in the form of physical gold, you can do so, as tax and investment expert Balwant Jain says on this question that investment While doing this, keep portfolio diversification in mind. Invest in gold, equity and debt. ,Real estate prices are skyrocketing, yet single women have to buy their own homes! Investor opinion,
If you are going to buy physical gold, keep these things in mind…
While buying gold, you should know how to identify it. From magnet test, acid test to you can also do floating test. Gold will have BIS mark, please check this. The easiest way to check whether gold is pure or not is to look for the hallmark. Click here to know detailed information about this can do
Tags: Akshay Tritiya, Asset allocation, Business News in Hindi, Equity Scheme, Gold prices today, in the stock market, in the stock market, Women’s Finance
First published: May 7, 2024, 14:05 IST