Invest Rs 5 lakh by considering options that match your long-term financial plan. Show Quick Read Summary is AI Generated. Newsroom Reviewed

India is celebrating Diwali, a time traditionally associated with new beginnings and financial planning. Many of you may be thinking about how to invest a certain amount of money, say around Rs 5 lakh. The festive period is considered auspicious for making financial decisions.

So here’s a look at some investment options you can consider now:

Gold And Silver

The price of gold has seen a dramatic increase over the past year. In the last 12 months, from Oct. 20, 2024, to date, gold has risen by around 65% and silver by approximately 63%, as per India Bullion. This is the reason gold and silver are still regarded as safe investment avenues.

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