How much would your Rs 10,000 be worth on Feb 1, 2020, if you invested a year ago in stock market, silver or gold?

How much would your Rs 10,000 be worth on Feb 1, 2020, if you invested a year ago in stock market, silver or gold?

The best value for money would be if you invested in Palladium and your Rs 10,000 would be worth Rs 16,772.46.

Sanjiv AroleUpdated: Saturday, February 01, 2020, 08:47 AM IST
article-image

Comment: Domestic gold dominated across the board. (one year,six months, three months and even the last 7 days).

Sources: Kitco.com/RSBL spot, London pm fixed for precious metals.

Notes: Palladium data has a last day data issue. Spot price is taken on 31st January.

Foreign currencies too have last-day data issues. Only idle investments are taken into consideration.

AU Dom & AG Dom pertains to domestic IBJA closing rates. These rates include the import duty of 12.5% plus the exchange rate for $-INR, but excludes GST

Palladium may appear to offer the highest returns. But it may not be liquid enough to dispose off when required.

The above chart should not be taken as a recommendation -- but as an indication of how what appears attractive today, may give way to another investment opportunity tomorrow

Other abbreviations have been used. US$-US dollar; CNY- Chinese yuan or Remnimbi; INR= Indian Rupee

Compiled on 31st January, 2020 at 9.00 pm IST

Disclaimer: This is not a guide for speculators.

RECENT STORIES

'Fortunate To Get A Chance To Develop Navi Mumbai Airport': Gautam Adani Calls NMIA Launch A...

'Fortunate To Get A Chance To Develop Navi Mumbai Airport': Gautam Adani Calls NMIA Launch A...

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...