What is the best investment option right now?

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Savings and investments are a part of our everyday life. They help you sail through a rainy day or ever a season. Savings and investment go hand in hand, that’s why it’s not just important to save a part of your income but also to invest it so that it can multiple over a period of time.

If you’re still here are ready heavy words like savings and investment, congratulations, you have taken the first step. These might seem very complicated but we are here to clear things up.

Gold and jewellery are the best types of investment that you can do right now. To give you a clear idea of how simple and profitable it is, let us take you back to the first quarter of 2020. The gold rate in the month of March was 44k and as of today is 54k. Not only will you make ample profit, but also not be burdened with paperwork while you’re at it.

We have bundled up a couple of options for you to try out, let’s go through them one by one:

BULLION

Bullion refers to gold in the form of bars and coins. Buying gold in the form of gold bullion is quite known during special occasions like Dhanteras, Akshaya Tritiya, etc. But did you know, you can buy it all year round? Whether you are buying it for investment or making jewellery in future, it will always be beneficial to stack up bullion. The purity of these coins is in 24K or 22K.

22K GOLD JEWELLERY

Gold, in its purest form, isn’t suitable for making jewellery. It’s mixed with alloys to make it durable and be able to hold gemstones. The preferred purity of daily wear as well as occasional wear jewellery is 22K. This is another form of investment wherein you can also enjoy using it as an accessory. That’s why you will see many people buying gold on special occasions.

SOLITAIRE JEWELLERY

Solitaire jewellery makes a beautiful gift, doesn’t it? That’s why it is best to keep pampering your loved ones with solitaire jewellery. There is a wrong notion that diamond jewellery doesn’t yield desirable returns. Every jeweller has buyback and exchange policies and selling or exchanging your jewellery from the same jeweller helps you reap the maximum benefits from your solitaire jewellery. 

DGRP AT CANDERE

Double Gold Rate Protection was introduced on Candere because of the rampant hike of the gold rate. With DGRP, you can fix the gold rate of particular jewellery to that of the booking date and continue to pay for the jewellery over a tenure of six to nine months. DGRP works best when you want to book ahead for engagement, wedding, anniversary, etc. With the havoc gold rate has created, DGRP is the best way to get jewellery for upcoming festivities.

Whichever option you pick, welcome to the world of investment with Candere.

Featured Image Credit: Shutterstock

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