Bought Gold and Silver on occasion of Dhanteras

Dhanteras is an annual Hindu festival which is an auspicious day for Hindus around the world. Since it is an auspicious day people usually do investments like buying Gold, Silver or any utensils. We also have a tradition on buying some Gold or Silver either in the form of Jewellery, utensils or even plain coin. This year, I have bought Digital Gold as well as bought a 20gm Silver Buiscuit.

This has become a norm for me to buy digital gold at these occasions from last three year or so where instead of buying physical gold, I bought a Digital gold. But in case of Silver I thought of buying the Buiscuit this time purely for investment purpose. This is actually helping me to diversify the investment which my portfolio needs and add the Gold and Silver to it. Also, though buying a Digital Gold in place of physical gold is good but still, I think Sovereign Gold Bonds are a better option than Digital Gold.

Since there were no Sovereign Gold Bonds available today to invest, I thought of buying the Digital Gold itself. Along with that there is a Muhurat Trading of 1 hour on Sunday where I will buying some shares on that day which I keep for long term.

I thought of buying 50 grams of Silver buiscuit but the shop didn't have 50 or 100 grams. So I have bought only 20 grams. And hopefully next year I will buy the 50 or 100 grams one and thus will continue having more diversification in the Gold and Silver.