National News
Is it wise to buy gold this Akshaya Tritiya? :AUGMONT KNOWLEDGE SERIES
Akshaya Tritiya, celebrated as an auspicious day to invest in gold, often sees a surge in gold purchases across India. But in 2025, with gold prices touching all-time highs, the big question for investors and buyers alike is: Is it wise to buy gold this Akshaya Tritiya?
Over the last 20 years, gold has delivered approx.15% CAGR, which is quite robust, especially in comparison with many fixed-income instruments and even some equity segments during market volatility. Gold has also acted as a hedge against inflation, currency depreciation, and geopolitical uncertainties.
Why Gold Has Performed Well
Several factors have supported gold prices in recent years:
- Geopolitical tensions: Russia-Ukraine war, Israel-Palestine unrest, and US-China trade concerns.
- Inflation worries: Gold is a traditional inflation hedge.
- Global economic uncertainty: Fears of a recession and a weak global economic outlook.
- Central bank buying: Many countries, including India and China, have increased gold reserves.
- Currency depreciation: The weakening of the Indian Rupee against the US Dollar added to local gold price inflation.
Why You Should Consider Buying
- Tradition with benefits: Buying gold on Akshaya Tritiya is culturally symbolic and has proven profitable historically.
- Diversification: Gold acts as a portfolio stabilizer, especially during market downturns.
- Returns remain promising: With global uncertainties continuing and rate cuts expected in the US, gold may remain supported in the near term.
- Demand for digital and investment-grade gold is rising: More buyers are shifting toward efficient, value-oriented gold investments.
Caution Due to High Prices
- Gold prices are near historical highs (₹96,000 per 10 grams), so bulk buying may not be advisable.
- A correction could occur if:
- US-China tensions ease.
- Interest rates rise unexpectedly.
- Investors shift their focus back to risk assets like equities.
Smart Buying Strategy for 2025
Buy with a measured and strategic approach:
- Avoid large lump sum purchases: Instead, opt for staggered buying or SIPs in gold digital gold or ETFs.
- Use Akshaya Tritiya as an entry point: Start small with Augmont Digital Gold or gold mutual funds.
- Buy coins or smaller jewellery pieces: Avoid heavy making charges; focus on purity and resale value.
- Think long term: If you’re buying gold as an asset, not just a purchase, stay invested for 3–5 years.
Final Word
Akshaya Tritiya 2025 presents an opportunity to align tradition with smart investing. While prices are high, gold’s long-term track record, safe-haven status, and cultural relevance make it a viable addition to your portfolio. Just remember to balance emotional purchases with financial prudence—and consider buying in forms that add both value and flexibility.
In short: Yes, buy gold—but buy smart.
National News
Bharat Diamond Bourse and Department Of Posts Sign MOU
Foreign Post Office To Open In BDB To Facilitate
Export-Import of Precious Cargo By Post
- Economical and simplified doorstep logistics support for Export and import of high-value cargo – International and Domestic
- Facility Open to all
Bharat Diamond Bourse (BDB) and Department of Posts (DOP), Maharashtra Circle, today signed a Memorandum of Understanding (MOU) to establish a partnership aimed at facilitating shipments of precious cargo from within the Bourse premises. A Post Office extension counter that offers a range of postal services will commence operations in BDB within a month.
Under the partnership agreement, comprehensive logistics facilities will be provided to both members and non-members for shipments of domestic and international parcels. These Doorstep Logistics Services will operate with the Department of Posts as the primary logistics partner.
Services available for all within the bourse will include Speed Post, India Post Parcel, Logistics Post, Media Post, and others.
Shri Anoop Mehta, President of BDB, Said:
“BDB’s vision is to provide the best facilities for its members, and simultaneously facilitate the growth of diamond exports. The MOU is a big step in enabling smooth logistics for export-import parcels from within our premises. We believe it will help individual businesses as well as boost overall diamond exports.”
Mehul Shah, Vice President, BDB, Said:
“Opening the post office in BDB is a big milestone for small and medium traders. Reduced shipment costs will make it extremely economical. Further, there is no requirement for Customs clearing agents (CHAs). The move will also boost the e-commerce business with direct shipments from manufacturers to end consumers. Easy access to other services like speed post and parcel will make logistics easier for BDB members.”
Amitabh Singh (IPoS), Chief PMG, Maharashtra Circle, Said:
“This partnership leverages the world’s largest postal network for facilitating import and export of valuable cargo and domestic parcels of the BDB business community. It brings India Post to the doorstep of the diamond trade and connects BDB, the diamond bourse having the largest turnover worldwide, with the largest Postal network, opening a door to Global Geography.”
Other dignitaries present on the occasion of the MOU Signing included Shri Santosh Mishra, Commissioner of Customs Zone-3, Shri Pandurang Chormale (IPoS), Senior Superintendent of RMS, Shri Anup Zaveri – Customs Convener BDB, and others.
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