Attributed to: Ajay Lakhotia, Founder & CEO, StockGro
“This Akshaya Tritiya, it's time for investors to rethink their gold-buying strategy, as both gold and silver reach all-time highs. While traditions often favour jewellery, Gold ETFs and gold mutual funds offer a far better investment opportunity, by eliminating making charges and storage costs. Digital gold even allows fractional ownership. Silver, too, is worth considering, with its growing role in manufacturing and potential for higher gains. For families celebrating Akshaya Tritiya, a balanced strategy would work best – buying a token amount of jewellery while allocating majority of the funds to gold ETFs and mutual funds, with a portion also invested in silver for diversification. This approach blends tradition with smart investing for better returns.”