highlights
In recent years, gold has more than doubled the return compared to Sensex.
In 15 years, gold has returned more than 400%, while silver has also returned more than 200%.
Over the same period, the Sensex has provided investors with a return of more than 200 percent.
New Delhi. Whenever it comes to investing your savings somewhere, you want to get a good return on it. In such a situation, both the options available to you for investing, buying gold and silver or investing in the stock market, are the most popular. In such a situation, the question arises: which of these two options is more advantageous for you?
We tell you that investing in the stock market comes with its own risks. At the same time, there is a fear of losing or stealing gold and silver. Many people believe that the boom in the stock market will cause the prices of gold and silver to fall, and when there is a recession, their prices will rise.
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What was the previous record?
Looking at the balance sheet over the last few years, gold has more than doubled the return compared to the Sensex. About 15 years ago, the Sensex was at the level of 20285. At the same time, the price of 10 grams of gold was 9395 rupees, and the price of one kilogram of silver was 19520 rupees. While the Sensex today is 62,885.76, the price of 10 grams of gold is 61,490.00 rupees and the price of a kilogram of silver is 70,659 rupees.
Who got more returns?
Understanding the above prices, gold has given more than 400 percent returns over the last 15 years and silver has also given more than 200 percent returns. While the Sensex gave investors a return of more than 200 percent over the same period. This shows that those who invested in gold 15 years ago made huge returns. However, anyone who has invested in Sensex for a long time has benefited greatly.
What would be better to invest in?
As the data shows, gold-silver and Sensex prices have risen sharply in recent years. Those who have invested in them have many advantages. If you are thinking about investing in such a situation, you can make your decision based on the analysis of these numbers. Explain that in order to get more profit in the long run, you should choose each investment option considering the market risks.
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Tags: business news, Business News in Hindi, Golden, invest money, investments, Tips for making money, stock market, price of silver, stock market
FIRST RELEASED : June 01, 2023
