The price of gold is in recovery mode following a lacklustre second quarter, with the price dipping to its lowest level since March 2021.
However, a weakening rupee and concerns of a looming recession could mean the yellow metal could gain favour, with more investors looking for safe-haven bets. This may provide a good buying opportunity going into this auspicious period.
The high price of physical gold could be a deterrent to many who are looking to buy it this Dhanteras. However, buying gold has never been easier even with purchases as small as a rupee completely possible with digital gold.
No making costs, purity concerns in addition to the convenience of online transactions is making digital gold a go-to for many gold buyers. So should you buy into it too? To discuss this, CNBC-TV18’s Manisha Gupta spoke to Vikas Singh, CEO and Managing Director at MMTC-PAMP; Gaurav Mathur, Managing Director, SafeGold; Ashish Pethe, Chairman at GJC; and Vaishali Banerjee, Managing Director at PGI India.
Watch video for more.
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