Thursday, Oct 06, 2022

Test OOVVUU video

Whether it’s an engagement, wedding or birth of a child, Indians like to celebrate it with gold. The auspicious yellow metal holds immense sentimental value as heritage jewellery pieces are passed down to generations. However, this isn’t it. Gold has also been a fallback during financial emergencies for families. Hence, it’s no surprise that India […]

Whether it’s an engagement, wedding or birth of a child, Indians like to celebrate it with gold. The auspicious yellow metal holds immense sentimental value as heritage jewellery pieces are passed down to generations. However, this isn’t it. Gold has also been a fallback during financial emergencies for families. Hence, it’s no surprise that India is second only to China when it comes to buying gold.

However, physical gold comes with its set of challenges, like buying even a few grams is an expensive affair, keeping gold jewellery at home is risky, etc. This is where digital gold comes in, offering all the benefits minus the accompanying stress.

KNOW MORE

In terms of returns, gold reportedly gave a return of almost 28% in the year 2020 despite the pandemic, whereas Sensex saw a rise of 16 per cent. FD returns stood at nearly 6 per cent. Seen over a longer term, gold has delivered 11.7 per cent annualised CAGR return in the last 12 years, 9.4 per cent in 10 years, 12.3 per cent in the last 5 years and 16.7 per cent in the previous 3 years.

Subscriber Only Stories
JK Cement’s SPSU Udaipur Launches ‘Golden Batch 2022’ In Collaboration Wi...Premium
Appendicitis in Children- A new lifestyle disorderPremium
Re-Defining The Tradition In Folk Art: An Art Educator’s PerspectivePremium
Symbiosis School of Sports Sciences (SSSS) launches undergraduate program...Premium

First published on: 20-08-2021 at 12:46:15 pm
Next Story

Newborn’s life is hanging by a thread; Donate now to save her

Latest Comment
Post Comment
Read Comments
Advertisement
Advertisement
Advertisement
X