Gold Shopping: Buying gold in India is not only a tradition but also a strong investment. People consider it auspicious to buy gold on Teej festivals. On the occasions of festivals like Akshaya Tritiya, Pushya Nakshatra, Dhanteras, gold showrooms remain crowded. Apart from this, there is a huge crowd during the wedding season also. But do you know that not only showrooms but there are many other places from where you can buy gold. So today we will tell you from where else apart from showrooms you can buy gold, and also from where it will be economical to buy gold.

Where can you buy gold?
There are three ways to buy gold, the first is the traditional way i.e. going to the showroom and buying gold jewelery or accessories. The second way is to buy gold through mobile apps with low investment and the third way is to buy gold through bank. Know about all three options in detail…

Jewelery Showroom: There are many jewelery showrooms in your cities, from where gold and silver jewelery and things can be purchased. This is the oldest and traditional method. A person also has confidence in them when they buy from the showroom. The gold purchased from here is BIS hallmarked, there is no doubt about its purity. However, when buying from showroom, making charges and wastage are also added, due to which the price increases slightly.

Bank: Another option to buy gold is bank, from where you can buy gold for investment. Here 24 carat pure gold coins and bars are available, which are fully certified. However, the price of gold purchased from the bank is slightly higher than the market. Gold taken from the bank is not bought back, due to which investment options are limited.

Mobile Apps: The third option for buying gold is mobile apps, this method is very popular these days. Digital gold is purchased through mobile app. People invest in gold even in small amounts on platforms like PhonePe, Paytm. The gold purchased from here comes with 24 carat purity, it is safe and can be sold if needed. You can even convert it into physical gold. Although this is a completely digital process, many people do not even trust it.

Which option among the three is the best?
Actually, all three options are best at their respective places. If you want to buy jewellery, showrooms are best for that. So if someone wants to make a small investment then mobile app is a better option for him. However, if you buy gold from a bank, its price may be higher but you will not have to worry about purity.

Apart from this, it also depends on your purpose for which you are buying gold. If you are short of time and have small amount then you can also buy gold through apps. So, if you are in a hurry and have some function at home, then it would be wise to buy gold from the showroom itself.