Planning to buy gold on Dhanteras? Learn about 3 easy ways to invest.

Gold Buying Tips on Dhanteras: Looking to buy gold on Dhanteras? You can make a safe investment by adopting these 3 easy and smart methods. Learn more about them.

Gold Buying Tips on Dhanteras: In just a few days, the entire country will be illuminated by the glow of Diwali. The festival of Dhanteras falls before Diwali, and buying gold on this day is considered very auspicious. People buy gold on this day for the well-being of their home and family. Consequently, many people choose to invest in gold.

If you're also planning to buy gold this Dhanteras, these three smart methods will prove extremely useful. These methods can also prove beneficial for you in the future. Let us tell you more about them.

Physical Gold

The most traditional way to buy physical gold in India on Dhanteras is to buy it. Most people invest in this. You can buy gold coins, biscuits, or jewelry. Many jewelers offer attractive offers on Dhanteras. Jewelry can also be worn on Diwali. Therefore, women are especially interested in jewelry. When purchasing jewelry, ensure the correct carat and weight, and keep the receipt.

Digital Gold

If you're not particularly fond of gold jewelry and don't like storing gold at home, then on Dhanteras, you can consider investing in digital gold and gold ETFs. These can be purchased directly from your bank account and are stored safely. If you don't have a large amount immediately, you can start investing with small amounts. The value of digital gold fluctuates according to market rates. However, the advantage is that there's no worry about theft or damage.

Gold Savings Schemes

In addition to physical gold and digital gold, you can also invest in gold savings schemes or gold mutual funds. These schemes are offered by many banks and financial institutions. You can invest in it in monthly or annual installments and later convert it into physical gold or cash. You can track its growth online.