Gold and Silver Updates

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Hello there, that is ETMarkets’ Buyers Information, a present about asset courses, market tendencies and funding alternatives. That is Saloni Goel.

Treasured metals have witnessed a dream run since final Diwali. With over 36 per cent rally since October final yr, gold has undoubtedly emerged as a stable performer. Silver, too, superior 33 per cent in the identical interval.

However, the benchmark fairness index BSE Sensex underperformed each the metals with a return of simply 11 per cent.

Elements like considerations over commerce battle between US and China, accommodative stance of central banks, stimulus measures, extra liquidity, Covid-19 reduction invoice and decrease bond yields gave route to gold and silver throughout the previous one yr.

Nonetheless, the impression of the pandemic and updates concerning the US Presidential election within the latest previous has pressured market members to take a cautious strategy.

After the stellar present, do valuable metals are an excellent purchase this festive season? We now have Sugandha Sachdeva VP-Metals, Power & Foreign money Analysis, Religare Broking, to share her insights.

Welcome to the present, Ms Sachdeva,

1) Ought to an investor purchase gold this festive season?

2) Can we anticipate an analogous form of return from gold for the following one yr?

3) Is SIP a greater option to accumulate the yellow steel?

4) The place do you see silver by subsequent Diwali?

Thanks Ms Sachdeva in your insights and funding recommendation.

That’s it on this particular festive podcast. You’ll be able to take a look at our particular podcast each Saturday and common podcasts on the fairness market twice each week day.



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