Gold and Silver have made new records surprising investors. Gold is ₹ 1.1 lakh per 10 grams all-time high, while silver has reached ₹ 1.3 lakh per kg. In the last 1 year, both metals have given a great return of 45%. But this time the boom is special, because the American stock markets are also performing well – S&P 500 has given 18% and NASDAQ has given a return of 28%. Despite this, Central Banks around the world are increasing investment in gold, which gives clear indications that global investors are cautious about Trump’s policies. Not only this, for the first time in 30 years, Gold Reserves have left behind American Treasury Holdings. Silver is becoming even more attractive for retail investors, as the gold-silver ratio has reached 84, while historically it lives around 70. Also, silver industrial demand is also increasing rapidly. Experts believe that if the gold reaches ₹ 1.5 lakh, the silver can touch the figure of ₹ 2 lakh per kg. Gold and Silver have made new records surprising investors. Gold is ₹ 1.1 lakh per 10 grams all-time high, while silver has reached ₹ 1.3 lakh per kg. In the last 1 year, both metals have given a great return of 45%. But this time the boom is special, because the American stock markets are also performing well – S&P 500 has given 18% and NASDAQ has given a return of 28%. Despite this, Central Banks around the world are increasing investment in gold, which gives clear indications that global investors are cautious about Trump’s policies. Not only this, for the first time in 30 years, Gold Reserves have left behind American Treasury Holdings. Silver is becoming even more attractive for retail investors, as the gold-silver ratio has reached 84, while historically it lives around 70. Also, silver industrial demand is also increasing rapidly. Experts believe that if the gold reaches ₹ 1.5 lakh, the silver can touch the figure of ₹ 2 lakh per kg.
Gold and silver broke all the records! Gold ₹ 1.1 lakh and silver ₹ 1.3 lakh, is the right time to invest now?
