Should You Buy Gold On Dhanteras? Let’s Understand Markets First  

How feasible is it to buy gold this Diwali and Dhanteras? Commodity Expert Anuj Gupta explains.

Published25 Oct 2019, 05:58 AM IST
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1 min read

Video Editor: Varun Sharma

The festive season is here. On the occasion of Dhanteras and Diwali, several people buy gold and silver jewellery. But is it a good idea to buy gold this Dhanteras? How feasible is it to buy gold this Diwali and Dhanteras? Commodity Expert Anuj Gupta breaks it down for us by giving us the market perspective.

Should one buy gold on Dhanteras?

One should  buy gold on Dhanteras and Diwali. Gold is bought in an environment of volatility. Gold has given good returns in the last years. So buying gold can give good returns.

How are returns from gold in comparison to returns from shares?

In the last 5 years, returns from gold have been around 44%. At the same time, in the last 10 years, returns from gold have been close 115%. Returns have been around 40% in 5 years in comparison to equity. It is clear that returns from investments made in gold have been more in comparison with the stock market.

How are the returns from gold since 2015?

Gold price in 2015 was around 24,000. Today gold is trading around 38,000.

In what form should gold be purchased – physical or digital?

One can buy physical gold. One can also buy gold in the form of bars. One can also buy gold ETFs or bonds or keep it in the Demat accounts. The gold ETFs or bonds can be gifted too.

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