How much would your Rs 10,000 be worth on Jan 23, 2020, if you invested a year ago in stock market, silver or gold?

How much would your Rs 10,000 be worth on Jan 23, 2020, if you invested a year ago in stock market, silver or gold?

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

Sanjiv AroleUpdated: Thursday, January 23, 2020, 09:50 AM IST
article-image
How much would your Rs 10,000 be worth on Jan 23, 2020, if you invested a year ago in stock market, silver or gold? |

Comment: The BSE Sensex provided the maximum returns in the above table for the 3 month period. Silver in the domestic market topped for the 6 month period. However, gold in the domestic market continued to be supreme over the one year period. The USD against the rupee reigned over the 7 day period.

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 22nd 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 22nd January 2020 at 8.50 pm IST

Disclaimer: This is not a guide for speculators.

RECENT STORIES

Nayara Energy & Reliance Industries In Crisis; Fresh Sanctions Imposed By European Union On Russian...

Nayara Energy & Reliance Industries In Crisis; Fresh Sanctions Imposed By European Union On Russian...

ITR Filing Date Extends To September 15, 2025; Taxpayers With Overseas Assets & Foreign Income...

ITR Filing Date Extends To September 15, 2025; Taxpayers With Overseas Assets & Foreign Income...

Finance Sector Union Slams Commonwealth Bank For Offshoring Hundreds Of Australian Jobs To India

Finance Sector Union Slams Commonwealth Bank For Offshoring Hundreds Of Australian Jobs To India

China's Trade Curbs Threaten India's Smartphone Manufacturing, Warns ICEA

China's Trade Curbs Threaten India's Smartphone Manufacturing, Warns ICEA

Amazon Lays Off Several Hundred Employees, Of Amazon Web Services Division, Broader Effort To...

Amazon Lays Off Several Hundred Employees, Of Amazon Web Services Division, Broader Effort To...