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

India Electronics Association Lauds Government's Commitment Of ₹4,500 Crore To Modernise...

India Electronics Association Lauds Government's Commitment Of ₹4,500 Crore To Modernise...

RBI's Monetary Policy Review To Take Place Amidst Low Inflation & Growth

RBI's Monetary Policy Review To Take Place Amidst Low Inflation & Growth

'Indian Tea Needs To Develop A Wider Catalogue Of Internationally Marketable Varieties': Piyush...

'Indian Tea Needs To Develop A Wider Catalogue Of Internationally Marketable Varieties': Piyush...

'Under The Leadership Of Prime Minister Narendra Modi, India Is Rapidly Moving Toward Self-Reliance...

'Under The Leadership Of Prime Minister Narendra Modi, India Is Rapidly Moving Toward Self-Reliance...

SEBI Chairman Tuhin Kanta Pandey Stresses Need For Financial Literacy & Investor Protection

SEBI Chairman Tuhin Kanta Pandey Stresses Need For Financial Literacy & Investor Protection