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Smart Strategies to Acquire Gold at Reduced Prices Amidst Soaring Rates
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Gold Prices Soar: Smart Ways to Buy Cheaper Gold Amidst Market Instability
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News18
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08-03-2026, 20:03
Gold Prices Soar: Smart Ways to Buy Cheaper Gold Amidst Market Instability
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Gold prices are soaring due to global conflicts; predicted to reach ₹2 lakh/10 grams and silver ₹3.5 lakh.
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Opt for digital gold, Sovereign Gold Bonds (SGBs), or 24-carat gold from reputable dealers to avoid high jewelry making charges (8-30%).
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SGBs offer 24-carat purity, 2.5% annual interest, and no storage/making charges; digital gold allows buying from ₹1 via apps like Paytm.
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Buy from gold dealers (lower markup than banks), during market corrections (January-February), or competitive centers like Mumbai's Zaveri Bazaar.
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Always check BIS Hallmark/HUID for purity, compare prices daily, and choose simple jewelry designs to minimize costs.
Read Full Article on News18 in Bengali
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