India loves its gold, whether through the lens of investment or as a symbol of legacy. India also currently has a sizable majority of the world’s millennial populace. The conjunction of these two important factors – somewhat like a marriage between the traditional investment mantras and the adoption of a technology-driven lifestyle – has given digital gold a favorable arena to grow.

 

Digital gold allows investors the same benefits of owning physical gold without the stress of authenticating its purity or worrying about its safety. Additionally, it eliminates the reduced returns associated with the depreciating value of gold in the form of jewelry. 

Benefits of Digital Gold Ownership

●     Hassle-free
 

Contrary to investing in physical gold that runs through the cycle of purchase and scouting for gold lockers for storage, owning digital gold eliminates numerous steps as the onus falls upon the provider. As the provider takes care of storage and safety and, in most cases, bear the convenience and other associated fee, owning and investing in digital gold becomes a quick and hassle-free experience.

●     Convenience
 

Besides the convenience of ownership, digital gold is also much easier to buy and resell. With a tap on the screen, you can complete these transactions anytime and anywhere.

●     Profitable
 

Buying physical gold poses the challenge of purity assessment and the added cost of commission and making charges, as these long-term assets are bought from dealers. MMTC-PAMP’s Digital gold carries its 24K, 999.9 authentic purity grade and eliminates the middleman, thereby comparatively making it a more profitable choice.

Should Digital Gold be a Valuable Player in Your Long Term Investment Plan?

 

The flexibility to buy and sell digital gold at any time and from anywhere has made it the choice of investment for digital natives looking to both experiment in the short term as well as draft their long-term investment portfolio. 

 

Also, the younger generation looks at making investment decisions at opportune moments rather than auspicious days. This heralds the need for quicker transactions – that would otherwise not have been possible with physical gold – and has prompted netizens to quickly warm up to the idea of investing in digital gold.

 

Gold investments have throughout the years been touted to be a resilient and stable option and have found a favorable place in portfolios spanning generations. While the way the invested gold is held is changing, investment in gold, per se, is unlikely to go out of style, especially for those looking to include it in their long-term wealth-building kitty.

 

With the pandemic re-shifting the focus back to gold investments amidst the volatility of the stock market and digitization making the process convenient, secure, and safe, gold investment providers are seeing an influx of investors on their platforms.

 

As the average age of the investors keeps changing, so will their preferred way of investing. And while investment in gold will always hold value in every portfolio, as gold will continue to remain a profitable instrument reaping long-term gains, the traditional models of gold investment will soon be rendered obsolete with the evolution of technology. Considering investing in digital gold to build long-term wealth is a much smarter and safer move for digital natives opting for a trusted instrument in the comfort of the familiar digital space.

The global pandemic slowed down the wedding business during the first half of last year, but we saw couples rush to tie the knot once the country resumed normalcy towards the year’s end – a time also touted to be the wedding season. Given the current state of the country, we may once again see the pattern repeat in 2022.

 

While some couples are waiting for the wave to ebb, some are throwing caution to the wind and getting hitched in intimate gatherings amidst the chaos. Whether you want to wait it out or simply take the plunge, the one thing that every wedding is incomplete without is jewelry. Here’s looking at some of the hottest wedding jewelry trends of 2022.

Double-layered Gold Necklace

A statement piece that does complete justice to the heavy bridal ensemble is the chunky double-layered necklace. Adding a royal touch to the overall look as these were fashioned by the maharanis of different dynasties that ruled India, today’s modern-day bride can easily add a traditional touch without compromising on an overall contemporary look. Either studded with stone or craftily woven self-designed ones, this season, we’re bringing back the over-the-top style with these hefty necklaces that are surely every bit worth their weight in gold.

Matha Patti

Loved Aishwarya Rai Bachchan’s look in Jodha Akbar? How about stealing it for your big day? The Matha patti – a chain-like headpiece that runs across and to the back of the head – was a popular fit in every Mughal woman’s jewelry box. Couple these with big naths, and you have the perfect recipe for an elegant look without layering on numerous items.

Choker

Choker has made a massive comeback in the last few years, with women flaunting these necklaces with casual and party wear alike. For weddings this year, statement thick chokers will steal the show. You can opt for a choker that covers half of the neck or a sleek one layered with different sized necklaces for a grand look. Either way, be prepared to see brides and the guests adorn chokers at weddings, engagement ceremonies, and even cocktail parties.

Cocktail Rings

Some brides prefer to keep it simple and subtle without compromising on style. For them, instead of being laden with jewellery, a large cocktail ring will do the job just fine, especially if their wedding lehenga or saree is on the heavier side. 

Temple Jewellery

Besides a touch of faith, temple jewellery boasts of conveying the rich cultural heritage as well. These are gold-plated jewelry with figurines of gods and goddesses delicately crafted on them. They are adorned with precious stones and typically a favorite among South Indian brides. But they can also transcend geographies and find their way in the trousseau of anyone looking to skirt away from traditional designs but carry a touch of legacy.

 

Some of the other trends to keep an eye on are diamond-studded heavy necklaces or earrings sans the neckpiece, sapphire and emerald studded jewelry set, and chunky maang tikka, especially for Sangeet and Mehendi functions.