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Dhanteras 2021 How To Plan Your Gold Investments This Shubh Muhurat Kuka USA

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How To Plan Your Gold Investments This Dhanteras

New Delhi: Often, from a rationalist’s point of view, traditions and rituals are viewed as mere superstitions. I would like to think that some of them have logical origins. For example – frequent fasting is part of many religions; while one could view it as simply superstition, we all know that intermittent fasting has gained in popularity in recent times with several health benefits. Similarly, periodically buying gold on Dhanteras just seems like a smart thing to do. In an environment where stocks and crypto investments are flying, it’s hard to get investors to seriously consider a ‘boring’ investment like gold.Also Read – Dhanteras Gold Rate: Check Today’s Gold Price Before Buying During Shubh Muhurat

However, gold and other commodities are a natural hedge against inflation and are typically negatively correlated to equity. Gold especially does well during extreme events when equities register large losses. In 2008, when Nifty was down ~51 per cent, gold was up ~24 per cent. In January to March 2020, when the pandemic led to widespread lockdowns, gold was up ~11 per cent when Nifty was down ~29 per cent. Also Read – Viral Video: Ghaziabad Street Vendor Makes Fire Momos & Foodies Are Thrilled, Will You Try It? | Watch

There are ample options to invest in gold – like physical gold, ETFs, digital gold etc. The best option, in my view, are Sovereign Gold Bonds (SGB). They are issued by the  Reserve Bank of India (RBI) on behalf of the Government of India and are fully safe. Also Read – Shah Rukh Khan Birthday: SRK’s House Decked Up With Lights, Fans Say Mannat Turns Jannat

They are denominated in grams of gold and are direct substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. Unlike other options, capital gains are exempted (if held to maturity) on gold price appreciation, the bonds also pay 2.5 per cent per annum as interest on the initial investment.

They are issued periodically – the next issue will be available between November 29 to December 3, 2021.

(The article is written by Atanuu Agarrwal, Co-founder, Upside AI)


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Clarice Moore is a veteran of the digital marketing industry. She's helped grow and manage some of the world's most successful companies, all while learning from and collaborating with some of the brightest minds in his field. His background includes project management, business development, sales management and product strategy. Clarice Moore has also been an integral part of various high-level partnerships for multiple global brands such as Kuka USA, Hootsuite Media Inc., HP Inc., Intel Corporation, Dell Technologies Capital LLC among others.