Gold continues to scale new highlights and set benchmarks. On September 22, it trades £ 11.302 per gram (24k) and £ 10,320 per gram (22k). The price increase underlines its lasting festival appeal, especially with the beginning of Navratri. As we continue to build on the festive season from Navratri, Dussehra, to Diwali, the popularity of physical gold as an investment asset class is expected to get more traction. Here are five more compelling reasons why physical gold remains unbeatable for festive celebrations and marriage opportunities. 1. Universe accepted asset -physical gold is trusted across the country and has universal recognition and acceptance. Whether in the form of jewelry, bars or coins, it is immediately recognized, checked and valued at any banking institution, jewelry store or pawn shop. This feature of physical gold increases its value and makes transactions simply in generations and regions. As a result, gold still adds value to its price and serves it as a wise alternative investment asset. 2.. Tax efficiency Gold benefit from long -term capital gains tax. If physical gold is held for 24 months or longer, it can be transferred without complicated paperwork or heavy tax burden. It offers holders a practical benefit to family heritage during weddings. 3.. Hedging against inflation Unlike currencies, properties and other similar asset classes, Gold’s value tends to rise during economic downturn and recessions. The ongoing appreciation in the value of gold as a result of the ongoing issues, such as the Russia-Kraine War and Trump tariffs, is an example of the strength of gold when the world has to face economic hardship. This appreciation in the value of physical gold protects the purchasing power of investors, serves as an inflation hedge and ensures that the festival or wedding gifts not only retain their fundamental value, but also grow significantly for the coming years. 4. Portfolio -diversification gold as an asset class usually moves independently of stocks, bonds and currencies. This is why acquiring physical gold on major occasions helps to diversify family wealth and decrease the overall risk, making it a wise, defensive addition to domestic finances. For better diversification and consolidation of wealth in different asset classes, it is always wise to discuss your financial situation with a certified financial advisor. Proper diversification on different asset classes, such as gold, bonds, stocks and real estate, protects portfolios not only from market volatility, but also from underperformance. 5. No digital or counterparty risk Another very important feature of physical gold is that it is free from concerns about online spending, account hacking or institutional default. Gold is a powerful tangible asset that is completely owned and controlled by the container. It offers unparalleled safety, smooth liquidity and lasting value, especially during economic downturn and global recessions. Therefore, the choice of physical gold for weddings and festivals is not just a tradition; Depending on the ongoing economic environment, it can also be considered a sensible strategic decision. This precious metal offers investors unparalleled value, reliability and peace of mind and ensures that every celebration truly becomes golden. Disclaimer: This article is for information purposes only and does not form investment, tax or financial advice. Gold prices and tax rules are subject to change; Consult certified experts before investing.
Gold hits fresh peak: 5 factors that make yellow metal a glittering choice for festivals and weddings
