Digital Gold Investment: By buying digital gold worth ₹100 every day, your investment will grow to this much in five years. Learn the full calculation of how much money you will accumulate.
Digital Gold Investment: People invest a lot these days. Some invest in different types of funds. Some people adopt digital methods. If you, too, are thinking of building a large fund from small investments, many people are showing interest in digital gold. You don't have to go to a bank or a jewelry shop to buy gold. Simply invest ₹100 every day through your mobile, and the gold gradually accumulates in your digital wallet.
The advantage of this is that as the price of gold increases, your value also increases. This is why many people are using it as a SIP. But if you continue to buy digital gold worth just ₹100 every day, how much money or gold will you have after 5 years? Let's understand the full calculation.
Buy ₹100 worth of digital gold every day.
Investing ₹100 every day in digital gold is a relatively straightforward process. By investing every day, gold is purchased at different rates, maintaining an average price balance. If you invest ₹100 every day, you can buy approximately ₹3,000 worth of gold per month and ₹36,000 worth of gold per year.
This money accumulates in grams in your digital wallet. If the average price of gold is ₹6,000 per gram, you'll accumulate approximately 6 grams of gold in a year. This small daily savings can become a good long-term investment. The key is that it's safe from theft or storage.
This much money you'll have in 5 years
If you buy ₹100 worth of digital gold every day for 5 years, your total investment will be approximately ₹100 × 365 days × 5 years, which is ₹182,500. Now, assuming an average annual growth rate of 7 to 8 percent for gold, your corpus could reach approximately ₹2 lakh after 5 years.
With this, you will have accumulated over 30 grams of gold, which can be sold or converted into physical gold at any time. The biggest advantage of digital gold is its transparency, allowing even small investors to easily create a long-term fund. With a small daily savings, you can build a strong gold corpus in 5 years.