Akshaya tritiya 2025: Today is Akshaya Tritiya and there is a tradition of shopping of gold on this day because it is considered auspicious. But now that gold prices have crossed the figure of Rs 1 lakh, many people are trapped in the confusion whether it would be a sensible thing to invest on gold in this festive season?
Gold price rose in the last one year
For the last one year, gold prices have increased with a tremendous rise. During this time, Gold has given a return of about 32 percent against the return of 5.7 percent of Nifty 50. Now the biggest question is whether there is still scope for gold boom, or it is going to decline?
According to a report by Business Today, the head-products in Tata Asset Management say gang, “Sona has always been considered better for investment.” All the Central Banks of Asia are increasing their gold reserve to reduce their dependence on dollars. ”
He further said, “This environment of uncertainty due to geopolitical stress and inflation has added further strength to sleep. It may fluctuate for the short term, but it will remain strong in the long term. In such a situation, on the occasion of Akshaya Tritiya, you can start your investment on gold. If you want, you can buy it in installments. ”
Gold safest for investment
Kishore Narne, director and head of commodities of Motilal Oswal, says, “Gold is the safest property for investment and investors can take help from it in the time of uncertainty.” Given the current global atmosphere, we believe that the gold trend is above every angle. ”However, wealth director Vishal Bajaj in Client Associates has warned that whenever gold has given a return of 40 percent in 12 months in the last 22 years, the return of 12 months has been only 4 %.
This is the ratio of Sensex and gold
In addition, since 1999, the Sensex and analysis of the gold ratio suggest that when the ratio is below 1, the equity can perform better in the next 3 years and when this ratio is above 1, gold can perform better than equity in the next 3 years. According to the report of Edelweiss Mutual Fund, the ratio is 0.86 at the moment, which is less than Long Term Average 0.96. This means that if we look at the historical figures, then gold is slightly more valuable than equity, there is a possibility of returning to equity.
Investing in this way is understanding
As far as investment is concerned, experts recommend moderation. “5-10 percent of each portfolio should be applied on gold through gold mutual funds, because the price of gold will continue to increase due to the purchase of gold from central banks,” says Rajul Kothari of Capital League. The price will continue to increase. “Experts believe that there is a tradition of buying gold on Akshaya Tritiya, but investors should balance with short terms probability. Various, serial approaches will be more intelligent than focusing when prices rise.
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