Last month: "Gold is too expensive to buy."
This month: "Gold is too risky to buy."
Meanwhile, anyone who bought every dip for 2 years is sitting on 110%.
Timing the market < Time in the market.
Join now - https://t.co/onnn3GLntM
#gold#finance#inda
₹1 lakh in gold 2 years ago = ₹2.10 lakh today.
₹1 lakh in Nifty 2 years ago = ₹1 lakh today.
₹1 lakh in FD 2 years ago = ₹1.13 lakh today.
This isn't an opinion. This is math.
Gold: ₹7,220/g → ₹15,168/g (Jun '24 to Jun '26)
Nifty: 23,264 → 23,232
FD (SBI): 6.5%
Wholesale inflation: 8.3%
Your FD isn't even beating wholesale inflation.
Gold returned 110% in the same period.
Gold: +112% in 2 years
Nifty: +0.4% in 2 years
FD: +13% in 2 years
The SGB era is ending. The digital gold era just started.
Your SGB money hits your account today. Choose wisely.
#gold#finance#finanicalmarkets#india
Today is SGB 2021-22 Series III redemption day.
Issue price (Jun 2021): ₹4,889/g
Redemption price: ₹15,512/g
A 220% return in exactly 5 years. Plus 2.5% annual interest.
The full math 📷🤓
Your options:
→ Gold ETFs (expense ratio, tracking error, low liquidity)
→ Physical gold (making charges, storage)
→ Digital gold (₹10 minimum, instant, 24K certified)
One of these takes 10 seconds from your phone.
Not giving financial advice but very major gold correction in the last 2 years has been a buying opportunity in hindsight.
Not saying this time is the same.
Just saying the pattern is very, very loud.
#gold#finance#investments
Meanwhile:
- China's central bank bought gold for the 17th straight month
- Goldman and JP Morgan still have $6,300-$8,300 targets for year-end
- Retail investors are selling what institutions are buying
Read that again.
HDFC Mutual Fund just restricted lump-sum purchases in their Gold ETF.
Think about that.
A fund house is literally telling people "stop buying so much gold through us."
When was the last time you saw that happen with any asset class?