In the current financial year, gold has so far emerged as the best return-giving asset class with an FY20 return of 16.5 percent, outshining all other major asset classes. There is no sign of other markets like equities giving returns that are better than gold in the near future. Once investors are convinced that they will have to live with high gold prices, demand will also come and investors will still have something more to earn from gold.
With growing concerns over a further escalation in the US-China trade war, the next level for gold can be $1,520. In MCX, gold futures price could touch Rs 38,800-39,000 by October. If the rupee weakens to 72 a dollar, even Rs 40,000 per 10 gram won’t be a surprise
Source: Business Standard
Satyam Jewellers is the best jeweler in Pune and Pimpri Chinchwad. We're an ISO 9001: 2008 jewelry retailer and have been awarded NSIC - CRISIL Rating of "CRISIL MSE * 2". This rating indicates high creditworthiness in relation to other MSEs.
Invest in Gold today with flexible monthly payment...
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In the current financial year, gold has so far emerged as the best return-giving asset class with an FY20 return of 16.5 percent, outshining all other major asset classes. There is no sign of other markets like equities giving returns that are better than gold in the near future. Once investors are convinced that they will have to live with high gold prices, demand will also come and investors will still have something more to earn from gold.
With growing concerns over a further escalation in the US-China trade war, the next level for gold can be $1,520. In MCX, gold futures price could touch Rs 38,800-39,000 by October. If the rupee weakens to 72 a dollar, even Rs 40,000 per 10 gram won’t be a surprise
Source: Business Standard
Satyam Jewellers is the best jeweler in Pune and Pimpri Chinchwad. We're an ISO 9001: 2008 jewelry retailer and have been awarded NSIC - CRISIL Rating of "CRISIL MSE * 2". This rating indicates high creditworthiness in relation to other MSEs.
Invest in Gold today with flexible monthly payment...
Celebrate the bond of Love in traditional Gold!
Our showrooms: Nigdi | Chakan | KrishnanagarTel: 020 27659511/2/3 | www.satyamjewelers.com
#GoldMangalsutra #Mangalsutra #GoldJewellery #GoldEarrings#GoldNecklaces #GoldBangles #SatyamJewellers #Nigdi #PCMC
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Our Jewellery, Your Story!
Intricately crafted gold necklace and earrings from the House of Satyam Jewellers.
Our showrooms: Nigdi | Chakan | Krishnanagar
Tel: 020 27659511/2/3 | www.satyamjewelers.com
#GoldJewellery #GoldBangles #SatyamJewellers #PCMC
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