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The dramatic surge in gold prices has left even the most optimistic investors pleasantly surprised. According to some estimates, an investment of Rs 1,00,000 in gold on Dhanteras 2024 would now yield a profit of Rs 55,000, reflecting an impressive return of over 55% in just one year.

In comparison, benchmarks like the Nifty 50 have only yielded a modest return of 3.5 percent. Despite the increasing number of investors in the stock market, gold has proven to be a significantly more lucrative investment.

One of the primary factors contributing to the rise in gold prices is the ongoing uncertainty in the global market and the continuous purchasing of gold by central banks. This year, Dhanteras falls on October 18, a day considered auspicious for buying gold.

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