How much would your Rs 10,000 be worth on Jan 29, 2020, if you invested a year ago in stock market, silver or gold?

How much would your Rs 10,000 be worth on Jan 29, 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 17,182.28.

Sanjiv AroleUpdated: Wednesday, January 29, 2020, 07:43 AM IST
article-image

Comment: Gold in the domestic market reigned across all the periods during the year except the three months period where gold in the London market was marginally ahead.

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 28th 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 28th January, 2020 at 8.57 pm IST

Disclaimer: This is not a guide for speculators.

RECENT STORIES

Gujarat's Handloom & Handicraft Sector Reports Strong Revival, Recording Sales Worth ₹17.5 Crore

Gujarat's Handloom & Handicraft Sector Reports Strong Revival, Recording Sales Worth ₹17.5 Crore

Price Of 24-Carat Gold Surges By ₹4,694 Over The Week, Supported By Safe Haven Buying & Dollar...

Price Of 24-Carat Gold Surges By ₹4,694 Over The Week, Supported By Safe Haven Buying & Dollar...

ED Arrests Ocean Seven Buildtech's Managing Director After Conducting Searches At Nine Locations...

ED Arrests Ocean Seven Buildtech's Managing Director After Conducting Searches At Nine Locations...

Realty Company Anant Raj Will Invest ₹4,500 Crore In Andhra Pradesh To Set Up Data Centres As Part...

Realty Company Anant Raj Will Invest ₹4,500 Crore In Andhra Pradesh To Set Up Data Centres As Part...

World-Famous Diamonds From Panna, Madhya Pradesh, Awarded The Prestigious Geographical Indication...

World-Famous Diamonds From Panna, Madhya Pradesh, Awarded The Prestigious Geographical Indication...