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.
source https://www.freepressjournal.in/business/how-much-would-your-rs-10000-be-worth-on-jan-29-2020-if-you-invested-a-year-ago-in-stock-market-silver-or-gold
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