Gold and Silver Price on Diwali 2023: Offers and Tips to Buy
Diwali is one of the most auspicious festivals in India, and it is a time when many people buy gold and silver as a way to celebrate and invest. In 2023, gold and silver prices are expected to be high, but there are still some good deals to be found.
Gold price on Diwali 2023
The price of gold in India is expected to be between ₹56,000 and ₹57,000 per 10 grams on Diwali 2023. This is a significant increase from the price of gold last year, which was around ₹50,000 per 10 grams.
Silver price on Diwali 2023
The price of silver in India is expected to be between ₹62,000 and ₹63,000 per kg on Diwali 2023. This is also a significant increase from the price of silver last year, which was around ₹55,000 per kg.
Offers on gold and silver on Diwali 2023
Many jewelers and bullion dealers offer discounts and other offers on gold and silver during Diwali. Some of the common offers include:
- Discounts on the making charges of gold and silver jewelry
- Free gifts with purchase
- Cashback offers
- Buyback guarantee
Tips for buying gold and silver on Diwali 2023
Here are some tips for buying gold and silver on Diwali 2023:
- Compare prices from different jewelers and bullion dealers before you buy.
- Make sure to buy from a reputable dealer.
- Ask about the purity of the gold and silver before you buy.
- Be aware of the hidden charges, such as making charges and insurance charges.
- Get the bill and the invoice for your purchase.
Here are some additional tips to keep in mind when buying gold and silver:
- Buy gold and silver in the form of coins or bars instead of jewelry, as this will give you better value for your money.
- If you are buying gold jewelry, choose pieces with simple designs, as these will have lower making charges.
- Consider buying gold and silver online, as you can often find better deals online than in stores.
Conclusion
Gold and silver are popular investments in India, and Diwali is a good time to buy gold and silver as many jewelers and bullion dealers offer discounts and other offers during this time. However, it is important to do your research and compare prices before you buy, and to make sure to buy from a reputable dealer.