Gold rate increased by 6x from 2003 to 2013 and 2x from 2013 to 2023.
Similarly silver rate increased by 7x from 2003 to 2013 but 2x from 2013 to 2023.
Gold & Silver took almost 10 years to double in the last decade.
Prediction: gold & silver will continue to grow slowly as compared to olden times but continue giving good returns over long term. 8-12 years both will double from current price. Keep 30% of your total investments in gold & silver to diversify your portfolio. Whenever stock markets crash, gold & silver will always boom and keep your investments balanced.
Investment Ideas: Invest in SIP mode in Gold ETFs, Silver ETFs or physical gold/silver or Gold Funds.
Karan Bilakhiya
Quick Analysis on Gold & Silver:
Gold rate increased by 6x from 2003 to 2013 and 2x from 2013 to 2023.
Similarly silver rate increased by 7x from 2003 to 2013 but 2x from 2013 to 2023.
Gold & Silver took almost 10 years to double in the last decade.
Prediction: gold & silver will continue to grow slowly as compared to olden times but continue giving good returns over long term. 8-12 years both will double from current price. Keep 30% of your total investments in gold & silver to diversify your portfolio. Whenever stock markets crash, gold & silver will always boom and keep your investments balanced.
Investment Ideas: Invest in SIP mode in Gold ETFs, Silver ETFs or physical gold/silver or Gold Funds.
1 year ago | [YT] | 1
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