Today the festival of Dhanteras (Dhanteras 2024) is celebrated in the country. This time there is a lot of excitement in the jewelry market; Despite the skyrocketing price of gold, its demand has increased significantly. Meanwhile, many companies are giving their customers the option to buy gold from home and billionaire Mukesh Ambani’s company Jio Finance has also joined in. The special thing is that Jio Finance offers digital gold for just Rs 10. purchase option.
Mukesh Ambani’s company brought a new plan.
Reliance Industries Chairman Mukesh Ambani’s company Jio Finance has launched the SmartGold scheme and under it, customers can buy digital gold for just Rs 10. Ambani’s company launched this scheme on the Dhanteras day before Diwali. In the SmartGold scheme, the investment made by purchasing digital gold can also be cashed out.
SmartGold units received from this gold investment can be converted into cash, gold coins or jewelry at any time. What makes this plan special is that it does not require an investment of thousands or thousands of rupees rather investment in gold can be started with just 10 rupees.
There is no possibility of theft
To easily understand how the SmartGold program works, after the customer’s investment, 24 karat gold equivalent to that investment will be purchased from SmartGold and stored in a secured vault. Since it is digital gold, there is no chance of it being lost or stolen, nor will you have to open a locker to store it. It will be absolutely safe and you can sell it whenever you want by watching the live gold market prices on the Jio Finance app.
2 options to invest in gold
The company has offered two options to customers to invest in gold in the SmartGold scheme on the Jio Finance app. The first of them is that you can decide the total amount of the investment and the second is that you can invest in the weight of gold, that is, in grams. Delivery of physical gold will only be made with holdings of 0.5 grams or more. It will be available in denominations of 0.5 grams, 1 gram, 2 grams, 5 grams and 10 grams. If the customer wishes, he can also avail the home delivery facility by purchasing gold coins directly on the Jio Finance app.
Gold is widely purchased on Dhanteras
Buying gold on Dhanteras is considered auspicious. Gold is considered to be the form of the goddess Lakshmi and this yellow metal is said to be her symbol. Goddess Lakshmi, the goddess of wealth, and Kuberji, the god of wealth, are worshiped on Dhanteras and it is believed that buying gold on this day will bring prosperity to your home throughout the year. Currently, buying gold is one of the most expensive transactions. Talking about the price, the price of gold (Gold Rate) on MCX is Rs 78,536 per 10 grams, while in the domestic market, according to the IBJA website, the price of gold (24 karat 10 grams of gold) is at Rs 78,250.