The Securities and Exchange Board of India (SEBI) recently requested a six-month extension from the Supreme Court to complete its investigation into US short-seller Hindenburg Research's allegations of fraud, misgovernance, and stock price manipulation by the Adani Group. This development has caught the attention of investors and market watchers alike, as gold prices inch closer to their all-time high. With Akshaya Tritiya just around the corner, many are wondering if it's the right time to invest in gold.

In the midst of the ongoing probe, Twitter co-founder Jack Dorsey has expressed his disappointment with Elon Musk's $44 billion acquisition of the social media platform. Once a supporter of the deal, Dorsey now openly criticizes Musk and his handling of the acquisition. This news adds to the already volatile global economic landscape, further fueling the debate on gold investments.

As gold prices continue to soar, investors are considering whether to buy gold during Akshaya Tritiya, a traditional Indian festival celebrated as a day of prosperity and wealth. With gold being a popular investment choice during this auspicious occasion, many are keen to understand the factors driving its price and the potential risks and rewards of investing in the precious metal.

Several factors have contributed to the recent surge in gold prices. The ongoing geopolitical tensions, inflation concerns, and the weakening US dollar have all played a part in pushing the yellow metal's value higher. Additionally, the global economic uncertainty caused by the COVID-19 pandemic has further fueled the demand for gold as a safe-haven investment.

Despite these factors, investing in gold during Akshaya Tritiya is not without risks. Gold prices can be volatile and are influenced by various global events and economic factors. Moreover, the high price of gold may not be sustainable in the long run, as the global economy gradually recovers from the pandemic-induced slowdown.

Before making any investment decisions, it's crucial to consider your financial goals, risk tolerance, and investment horizon. While gold can be a valuable addition to a diversified portfolio, it's essential to evaluate its potential risks and rewards in light of your unique financial situation.

Found Gold advises investors to thoroughly research the gold market and consult with financial experts before making any investment decisions. As the global economic landscape continues to evolve, it's crucial to stay informed and make well-informed decisions to protect and grow your wealth.

In conclusion, the decision to invest in gold during Akshaya Tritiya should be based on a careful analysis of the current market conditions, your financial goals, and risk appetite. While gold prices are approaching record highs, it's essential to weigh the potential risks and rewards before making any investment decisions.