Akshaya Tritiya, regarded as an auspicious evening by most households in India, is on May 14 this past year. The phrase ‘Akshaya’ means eternally or endless, while ‘Tritiya’ symbolizes the next day of this lunar cycle. Lots of men and women anticipate purchasing gold within this auspicious day, presuming it’s going to bring decent luck.
Purchasing the need for digital gold has become lately, since it had been among the better performing asset classes at the last calendar year. Gold is definitely the investment of choice, and also digital gold leaves the whole process more transparent and easier.
Traditionally, most people purchase gold in the shape of jewellery, coins or bars. But with lock down enforced in many nations in India, buying digital gold has become easily the handiest means of purchasing gold. Digital gold is just actually really a harmless solution for investors, even as they are available and kept safely online, maintained stable in vaults while appreciating the large number of advantages related to real gold.
To buy Digital Gold on Upstox:
- Download the Upstox app and open an account.
- Go to the ‘Invest’ section on the app.
- Enter the amount of gold you wish to buy in grams or rupees.
- Choose the payment method (UPI or Net Banking).
There are several ways of investing in gold – Physical Gold, Sovereign Gold Bond (SGB), Gold Mutual Fund (MF), Gold ETF, Digital Gold etc.