7 Things You Should Know When Buying Jewelry

 This article will help you with what you should know before buying gold jewelry this Diwali which is just around the corner. Many Indians would line up to buy gold, online or offline during Diwali. After two lean years of the pandemic, gold sales are expected to soar this year. But before you too, join the trend, here's what you should know, read till the end. 

Tip No. 1

Many go buying gold or silver on the auspicious occasion of Diwali with expectations of quick reward in terms of rising prices but it may not always come true. In the last year, gold prices in rupee terms have gained only 4.6 percent whereas silver has lost 12.41 percent.

Tip No. 2 

The rise in US interest rates and the likelihood of the hawkish stance of the US Federal Reserve converting into rate hikes, which may go well into the next year as well, may keep gold prices at the lower end of the range,” says Joseph Thomas, Head of Research, Emkay Wealth.

Tip No. 3 

The gold purchased online are equally reliable and pure vis-a-vis when you buy from the jewelry shop or from the bank.  All leading online shopping sites will have a section to buy authentic gold, silver, and platinum valuables. Choose gold in the form of bars or coins in tamperproof packing. 

Tip No. 4

Digital Gold is becoming a hit slowly amongst Indian though not physically in your hand. But it is also catching up, experts advise staying with regulated options such as ETF (Exchange Traded Funds) or sovereign gold bonds.

Tip No. 5

Silver is cheaper but it is more volatile than gold. So only if you are going to use it for daily use like utensils and decor items, you can go for it, that too for the long term. 

Tip No. 6

Fund houses have also launched schemes that invest in a mix of units of gold and silver ETFs. The idea is to offer exposure to both precious metals under one scheme. Since silver is more volatile than gold, investors are better off holding both precious metals together as it may help contain volatility.

Tip No. 7 

No matter what the market says or the experts it is a ritual every Indian does so do not bother much about it and just go and buy it anyway. Get the best deals on GOLD here. 

You also have the option of sovereign gold bonds but the only issue with it is that of lower liquidity than the hard metal. Gold lying in your locker as hard metal in and in hand anytime feels better than bonds and other digital investments. 

What is your opinion? Do comment your views below. 

Happy buying and wishing you all a very auspicious Dussehra!

Must Buy Items During Auspicious Diwali

Since you clicked to read, you must have searched for your type of traditional wear and still struggling? 

Let's agree that finding the right and affordable Indian traditional wear and other products is a nightmare everyone has gone through. Almost everyone claims to have the best deals and offers, though when you hit the check out you realize that it is not the case. 

Shopping during Diwali (festival of lights) is a very old tradition.

Traditional Shopping during Diwali  (festival of lights) is a very old tradition. People have been shopping for gifts for their loved ones since ancient times. It is said that the festival of lights was celebrated by the Hindus way back in 3000 BC, and it is still being celebrated in India.

Diwali is also called as Festival of Lights because people decorate their houses with lights (diya), LEDs, and lanterns. This festival is celebrated on the night before Diwali which falls on October-November every year according to the Hindu calendar.

Most people are likely to buy Gold/Silver and other jewelry.

Indians (Hindus) consider it auspicious to purchase gold—a symbol of wealth, purity, and prosperity—on many festive occasions, and Diwali is the biggest one of them. During Diwali, you can't miss any such opportunity to make the goddess of wealth (Laxmi) unhappy. The more you can offer the more blessings you get. 

Ladies will buy traditional and ethnic wear for everyone.

Diwali is just a few days away and it is a celebration time. In some states, celebrations can last up to weeks with sparkling fairy lights, with delicious food, all-night parties, and most importantly, fun. To enjoy it with everyone, you need to look the best. What you wear for a festival like Diwali reflects your taste, style, and happiness. Most women and men choose traditional ethnic wear for the occasion that’s in sync with the spirit of the festival. Decked up in salwar suits, chanya cholis, ghagras, and shararas, flamboyant skirts or majestic sarees.

Household items like decorations, earthen lamps, etc. are quite common purchases during the Diwali season.

Not only do you get new clothes and jewelry but also the entire home gets a e facelift. So don't keep that old look home this Diwali, get some new ideas, and start your hunt. Don't worry we have got you covered. 

Last but not least, this is the time to get heavy-duty discount offers on all electronics and white goods. New beginnings are made for businesses, houses and vehicles too. people may also get an automobile or electronic things like a TV, Fridge, AC, etc. as a part of their savings.

For everything mentioned above, there is The Great Indian Festival !

Takeaway: Shh here is the bonus secret, we have offers in each of the pictures above. Don't miss the best tips and deals on them. Happy Shopping!!