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?

0
474

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.

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