New Delhi. If you have money and are thinking where to put it, then information can be taken here. Usually people either keep money in bank FDs, or invest in gold. In such a situation, if you have extra money, let us know that it should be invested here.
Know about Gold and FD
As far as gold is concerned, investing money here has always proved beneficial. Gold has overtaken returns from FD to SENSEX in times of epidemic. During the year 2020, where Gold has given a return of around 28 per cent, the Sensex returns have been around 16 per cent. As far as FD is concerned, its returns have been around 6%. If seen in this way, gold has made the best profit in the most difficult time. This is the specialty of gold.
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Know how much gold has given in previous years
Gold returns 28 percent in 2020
Gold returns 24.1 percent in 2019
Gold returns 7.5 percent in 2018
Gold returns 5.2 percent in 2017
Gold returns 11.5 percent in 2016
Know the returns of 5 more years of gold
-2015 Gold Returns – 6.2 Percent
Gold returns -8.2 percent in 2014
Gold Returns -4.9 Percent in 2013
Gold returns 12.1 percent in 2012
Gold returns 31.7 percent in 2011
How to invest in gold
If you want to invest in gold like FD, then choose the right method of investment. If you buy gold in the form of coins or jewelry, it will not help. If you want to buy gold for investment or to sell if you get the benefit, then you should invest in Gold Mutual Fund or Gold ETF. Here you are allotted a gold 24 carat. Apart from this, the cost of investing and selling gold is the lowest here. Which can be taken full advantage while selling.
