Drop in Gold Rate: Why This Is the Right Time to Invest Through Wizely

Gold has always been a favorite investment for Indians. It’s seen as a safe and reliable way to save money whether for the future, festivals or tough times. Recently gold prices have dropped creating a great opportunity for smart investors. With the Wizely app investing in gold is now easier, safer and more affordable than ever.

Why Gold Prices Are Dropping

As of May 15, 2025 the price of 24 Karat gold in India is Rs. 91520 per 10 grams. This is a drop of over 1% from the previous day and a significant fall of Rs. 8750 (8.75%) from its all time high of Rs. 1 lakh on April 22, 2025. This is the lowest price in the last five weeks. But why is this happening?

Several factors are causing this dip. Global economic changes like rising interest rates in some countries make other investments more attractive than gold. A stronger US dollar also makes gold more expensive in other currencies reducing demand. In India lower demand for gold jewelry and stable market conditions are contributing to the price drop. These factors together have created a rare window for investors to buy gold at a lower price.

Why Now Is the Right Time to Invest

When gold prices fall it’s like a sale on a valuable asset. Here’s why you should consider investing now:

1. Lower Entry Cost: With prices down by 8.75% from their peak you can buy more gold for the same amount of money. This is a chance to build your wealth at a discount.
2. Gold’s Long-Term Value: Gold is known for holding its value over time. Even if prices dip now history shows that gold often bounces back especially during economic uncertainty.
3. Hedge Against Inflation: Gold protects your money when prices of goods rise. It’s a safe bet during inflation or market volatility.
4. Festive Season Coming: In India gold buying spikes during festivals like Diwali. Prices may rise as demand grows so buying now could save you money.
5. Diversify Your Portfolio: Adding gold to your investments spreads your risk. If other assets like stocks fall gold can balance your losses.

Why Choose Wizely for Gold Investment?

Investing in physical gold like coins or jewelry can be tricky. You need to worry about storage, safety and purity. This is where Wizely comes in. Wizely is a digital gold app that makes investing in gold simple, secure and affordable.

• Start Small: You can begin investing with just Rs. 100. This makes gold accessible to everyone even if you are new to investing.
• Pure Gold: Wizely offers 24 Karat gold with 99.95% purity certified by trusted partners like SafeGold. You get the highest quality gold.
• Safe Storage: Your gold is stored in high security vaults by companies like BRINKS and VISTRA. No need to worry about theft or loss.
• Real-Time Prices: Wizely shows live gold prices so you can buy or sell at the right moment for maximum returns.
• Instant Liquidity: Need cash? You can sell your digital gold anytime and get funds in your bank account instantly.
• No Paperwork: The entire process is digital and hassle free. No need for piles of documents or visits to a store.
• Flexible Options: You can redeem your digital gold as physical gold (like coins) if you want giving you full control.

How to Start Investing with Wizely

Getting started with Wizely is quick and easy. Follow these simple steps:

1. Download the App: Get the Wizely app from the Google Play Store or Apple App Store.
2. Sign Up: Enter your mobile number and email then verify with an OTP.
3. Set a PIN: Create a secure PIN for your account.
4. Complete KYC: Enter your name as it appears on your PAN card and complete KYC with your PAN number.
5. Buy Gold: Go to the “Buy Gold” section choose your investment amount (starting at Rs. 100), and pay using UPI or other secure methods.
6. Track Your Investment: Monitor your gold holdings and live prices on the app’s dashboard.

Wizely locks the gold price for 7 minutes while you complete your purchase ensuring you get the rate you see.

Benefits of Digital Gold Over Physical Gold

Digital gold has several advantages over physical gold:

• No Storage Hassle: Physical gold needs safes or bank lockers, which cost money and effort. Digital gold is stored securely for free.
• Lower Costs: Physical gold often comes with making charges or extra fees. Wizely has no hidden costs.
• Easy to Buy/Sell: You can invest or sell digital gold anytime anywhere without visiting a jeweler.
• Purity Guaranteed: Digital gold is certified for purity unlike physical gold where quality can vary.
• Safe and Insured: Wizely’s gold is backed by trusted partners and stored in insured vaults, reducing risks.

Tips for Smart Gold Investing

To make the most of your gold investment, keep these tips in mind:

1. Invest Regularly: Even small consistent investments (like Rs. 100 weekly) can grow over time.
2. Track Prices: Use Wizely’s live price updates to buy when prices dip and sell when they rise.
3. Stay Patient: Gold is a longterm investment. Don’t panic if prices fluctuate short term.
4. Diversify: Combine gold with other investments like fixed deposits (soon available on Wizely) for a balanced portfolio.
5. Set Goals: Decide why you’re investing—saving for a wedding, a house or retirement—and plan accordingly.

Why Wizely Stands Out

Wizely isn’t just another investment app. It’s designed for Indian investors who want a simple trusted way to grow their money. With over a million users Wizely is regulated by the RBI and partners with trusted names like SafeGold, BRINKS and VISTRA. The app’s user friendly design instant withdrawals, and low entry point make it perfect for beginners and experienced investors alike.

Conclusion

The recent drop in gold prices is a golden opportunity to invest. With prices at their lowest in five weeks now is the time to buy gold at a discount and build your wealth. Wizely makes this process effortless with its digital gold platform, allowing you to start small invest safely and track your progress in real time. Whether you are saving for the future or diversifying your portfolio Wizely is your partner in smart gold investing.

Download the Wizely app today and take your first step toward financial security. Don’t miss this chance to invest in gold at a lower price start your journey with Wizely now.

Disclaimer: This blog is for informational purposes only and does not constitute financial advice. Gold prices are subject to market fluctuations and investments carry risks. Consult a financial advisor before investing. Wizely is not responsible for any losses incurred.