Classic case of data bias! You only picked 2012, the year which shows the lowest return for gold in last 60 years. Why are you not showing the full picture? Here is CAGR data from 1965 onwards every 5 year 1965 - 12.4% 1970 - 11.6% 1975 - 10.4% 1980 - 9.4% 1985 - 9.3% 1990 - 9.4% 1995 - 9.7% 2000 - 12.3% 2005 - 13% 2010 - 9.9% 2012 - 6.6% - This is what you picked! 2015 - 11.5%
I will support you. This man always presents selective data and wrong picture by taking long time period without considering inflation. Here he is simply trying to stop people from hedging. He is very dangerous for his followers
I don't agree. I may be wrong. But in my experience gold has Doubled from 2016 till now. Even if you consider inflation it's approximately 93% increase. Buying gold coin gives u more benefits than buying gold jewellery.
@@amritshaw3816I'm new to this but if you look at the overall value in 5 years hasn't gold prices increased so much higher? I don't understand why people say its a bad investment??
Wrong sir ,it's 83% increased . You mentioned here price change % ,which in ten years is actually 83% . Good return from gold 🥇. While each year reduction is just bluff .
Given the current market uncertainty, it seems wise to consider investing in gold or a gold ETF. I'm thinking of allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is appealing, I understand the importance of maintaining a long-term investment strategy.
They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
Hello Mr. Warikoo. Please do not provide wrong information to world. Didnt expect such things. Ask your team to prepare authentic content. In year 1999-2000 gold was 4000 per 10gm and in 2023 it is 60k per 10 gm.
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
@David Velasquez Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
@David Velasquez Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
Hi sir, i think you have to re-evaluate your data on gold. I had taken 40 years of gold price aggregate and found out that it gives 11.5% returns which is more better and safer than any mutual funds SIP .
Buying gold is actually a good investment. Distribute your gold portfolio into two parts, SGB for tax free returns and gold biscuits for liquidity. Note: You don't have to pay making charges for gold biscuits nor have to pay for any depreciation
Current Gold price (2023) taken is 62,780 Historical Price of gold is taken from bank bazar. from 2008-2023 (Last 15 years ) the CAGR is 11.4% from 2013-2023 (Last 10 Years) the CAGR is 7.8% from 2018- 2023 (Last 5 Years) the CAGR is 14.8% So Gold actually has beaten inflation and given better returns than most of the other investment assets.
Kerega Pick the data from 2002 to 2022.... 20 years margin gold dekh lo..m share market mf etf ya other products.... phenomenal growth Same goes for land property Selective sip results mein fasna sahi nahi hai.. How many sip mf opened in last 15 years... How many are growing strong.. opened in last
@@aseemsharanek metal ka बक्सा लो और उसी में स्टोर कर लो , बक्सा बहुत बड़ा होना चाहिए जिससे उसको कोई भी यहां से वहां न ले जा सके ।और अगर बक्से के पास रॉटविलर बांध लिया तो आप खुद भी नहीं निकाल पाओगे अपना खुद का सोना 😂😂😂😂😂😂
Don’t listen to any random youtubers, buy gold in the form of coin or bar, always buy 24 carat, buy from very very trusted source and keep with you. Not in bank locker. Trust me it is a good investment, however you should diversify your portfolio.
Duniya me sab kuch profit ya loss me nahu dekha jaatha, Gold is a best option for investing , incase in emergency we can keep it in any jewellery shop and 2 min me paisa mil jaatha hai
@@robertfuest007 bitcoin is taxed with 30% and unstable. U don't know ur source and u don't know where it is used. Maybe ur bitcoin money is used by terrorists and human trafficking. U know isis terrorist org also have bitcoin.
The best advantage of investing in gold is that when market falls for any reason, the gold price will not fall as market because gold is an international commodity and some of your money that one invested in gold will be safe.
Why only 10 years when we all know, it was a lean period for both gold and real estate? Please also share the result of 20 or 25 years data ? My sense is, It has given much better returns over this period. Tx.
Gold is the real money. People should consider gold as cash which doesn't have inflation or currency devaluation. Fiat money is like pile of iron that is eroding year on year. For investing purposes you can alway look for real estate and stock market. Gold gives fd type of returns without inflation
Return from SGB is tax free... No capital gains taxes applicable on return from SGB and 2nd it's give you 2.5 % interest... Investment in gold bonds is better than investing in FDs
Hey! I'm thinking of buying gold as a security fund. Like this is some money i have to save inorder to use it in the time of need ! So is this a good choice?
Physical Gold is real wealth. Its independent of economy, recession, war, country's bankruptcy etc. Never listen to these people and buy gold atleast 20% of portfolio should be gold
Yeah that's why India and China are building their reserves with gold and Russia is pegging gold against Rubel. Its not just returns when it comes to gold. Gold is not like EQ shares or MF it is the real deal. And what the hell he meant by gold in Jewellery form is waste? Thoda idhar udhar dekho log Jewellary ka kya kar rhe hai Ab kuch log yeh bhi bolenge ki khaana sirf din me 2 baar khaao, jo paisa bachaoge usse invest karo.
In his own excel sheet see column C and E, 100 rs after inflation is equivalent to 188 rs but at the same time 100 rs in gold became 199 rs. we are at profit of 11 rs after beating inflation...
This analysis is not correct. 6.5% annual return is in USD terms. So compare it with inflation in US. If you compare INR returns to inflation in India, gold returns have exceeded inflation significantly.
Meanwhile... Robert kiyosaki working on getting a gold mine. Suggesting people to buy "real" money, that is silver and gold.. And Mr.Warikoo is saying this nonsense 🤦
Mane khud har saal ka comparasion kiya hai 2010 se 2024 tak or 80 % of cases mai ye last year se 10bse12% increase hota hai. On records india mai inflation rate 5.3%hai but actual mai 10.4% something hai.
I got many tymes benefited from gold jewelery.... Suppose war takes place or any disaster comes will MF or digital gold will help.shud we put maximum our money in policies or MF ??
It's 7.** % in last 12 years, 9.83% in last 10 years, 12.32% in last 24 years. But the point is, I will mostly not hold gold for 24-25 years to get that 12% returns. So at best 10 years we will get only 9%
In an indian setup people invest in gold for the wedding purposes & gifts for the future generations. Also as an asset for emergency needs. Once up on a time I have studied in my masters that india comes under developing countries & 3rd world countries. Pls don’t forget it. Now it’s coming in third largest economy. Uk & USA, Canada became half India. 😅 sab population ka Khel hai.. now all foreign companies wants to invest in India. So.. our kids ll learn that india is biggest country in the world. NRI perspective 😊
Tax ki samajh nahi lagi. Aik price pe gold Aik dafa lelia phir agar uski value barh jaye to tax kaha involve hoga. Ya ye at the time of purchase per tax ki baat ho rahi?
Well this video made my confusion clear and now I am sure that i am doing right thing by not following this channel and listening to alternative channels 🙏
Gold is the best investment that we can liquidate immediately during emergencies 😊 that too for all the middle class families. Practical investment. Not everything that said by these influencers are right.
Why physical gold is always the OG hedge fund- even when govts collapse, nations are tumbled, regimes are fallen, massive disasters occur, gold is always accepted in all corners of the world in all times- good or bad as payment/collateral.
Another example of why you shouldn’t take financial advice from a self acclaimed Financial Advisor with almost no knowledge of reality. Biased and untrue facts. Let’s actually see the figures here- In 2012, the price of gold in India was ₹31,000 per 10 gms (you can Google it and check) and today (August 15, 2024) after 12 years the price of gold is ₹75,000 per 10 gms. Which shows an increment of ₹44,000 in the past 12 years, that means the gold rates saw a boost of 241% in the time period. Which is an increment of roughly 20% per year. Hope you Stop fooling people with your false and misguided facts sir.
I BUY AND SELL MY OWN GOLD. IN LAST 10 DAYS it increased 9% Yes I know I can invest in stocks and earn more than that. But I do it with MCX. which means I pay 10% to buy 100% gold and I can sell it, and cover profit 💯👍
Influencers are thinking people are fool .. gold is real money cannot be manipulated by govt.
True ❤
God’s Money 💰
Apka comment padh kr sukun mila😅
Gold bhar bhar ke return de raha last 4 years say 😅
But what about when the government prohibited the use of gold after the great depression to create the national treasure?
Classic case of data bias!
You only picked 2012, the year which shows the lowest return for gold in last 60 years.
Why are you not showing the full picture?
Here is CAGR data from 1965 onwards every 5 year
1965 - 12.4%
1970 - 11.6%
1975 - 10.4%
1980 - 9.4%
1985 - 9.3%
1990 - 9.4%
1995 - 9.7%
2000 - 12.3%
2005 - 13%
2010 - 9.9%
2012 - 6.6% - This is what you picked!
2015 - 11.5%
Wow!! thanks for sharing this data
😮😮😮👏🏼
Great❤
In youtuber pe vishwas nhi karna hain..
Great
I am starting a petition to stop ankur warikoo from giving financial advice
I will support you. This man always presents selective data and wrong picture by taking long time period without considering inflation. Here he is simply trying to stop people from hedging. He is very dangerous for his followers
I don't agree. I may be wrong. But in my experience gold has Doubled from 2016 till now. Even if you consider inflation it's approximately 93% increase. Buying gold coin gives u more benefits than buying gold jewellery.
Bhai..he is talking about cagr...yearly return vs yearly inflation
@@amritshaw3816I'm new to this but if you look at the overall value in 5 years hasn't gold prices increased so much higher? I don't understand why people say its a bad investment??
Yes I agree. I bought 8gm chain for 24000 (without V.A). Now it's above 40k . 22k916
@RISHIGOAYL456gold rate will increase in future also it should cross 1L before 2027
What is v.a @@Leothelionesss
Ankur Warikoo is so obsessed with mutual funds and equities that he is ignoring gold investing, which has been happening since our forefathers. 😅😅
It's always said don't keep all your eggs in one basket... I thinks he just bluffing about it.
Wrong sir ,it's 83% increased .
You mentioned here price change % ,which in ten years is actually 83% .
Good return from gold 🥇.
While each year reduction is just bluff .
6.5% CAGR hai har saal ka
@@abhidhaker value for money 💵 is the best way to check.
Russia china etc has gold 🥇
6.5% per year
Ye warikoo chu** hai...gold chahiye
Sovereign gold bond give extra 2.5%
Given the current market uncertainty, it seems wise to consider investing in gold or a gold ETF. I'm thinking of allocating over $300k for retirement purposes. While the potential for short-term gains in a bullish market is appealing, I understand the importance of maintaining a long-term investment strategy.
They do say gold will crash in a liquidity crunch However, many of those holding precious metals are preparing for such an event. So they are unlikely to be forced sellers. The paper market would tank and hopefully collapse.
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
Could you recommend your advisor? I'll be happy to use some help.
Sharon Lee Peoples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
Hello Mr. Warikoo. Please do not provide wrong information to world. Didnt expect such things. Ask your team to prepare authentic content. In year 1999-2000 gold was 4000 per 10gm and in 2023 it is 60k per 10 gm.
Bro check the sensex too. Sensex in 2000 was closed at around 4000 points and it reached 72000 points by the end of 2023.
He is not comparing with sensex. He is comparing with inflation@@saikumarnandipati2871
Incase of war and natural disaster, physical gold is the best currency
It’s always a great investment if not why federal reserves of every country is in gold.
Gold is like a FD that I can wear around my neck
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
@David Velasquez Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
@David Velasquez Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
Spineless bots
Hi sir, i think you have to re-evaluate your data on gold. I had taken 40 years of gold price aggregate and found out that it gives 11.5% returns which is more better and safer than any mutual funds SIP .
Buying gold is actually a good investment. Distribute your gold portfolio into two parts, SGB for tax free returns and gold biscuits for liquidity.
Note: You don't have to pay making charges for gold biscuits nor have to pay for any depreciation
But there's 3 percent GST na?
what's SGB ?
UA-cam should bring back dislike button
Gold is real money. While it’s good to own good digitally some portion of physical gold must be there in your portfolio.
Kon Kon isko chutya manta hai.
Myne oct23. ko 5600 ke rate se liya abhi April 24 me 7100 plus hogya our upr jayga. 3%gst only
Gold is not about the return its storing the value....
Current Gold price (2023) taken is 62,780
Historical Price of gold is taken from bank bazar.
from 2008-2023 (Last 15 years ) the CAGR is 11.4%
from 2013-2023 (Last 10 Years) the CAGR is 7.8%
from 2018- 2023 (Last 5 Years) the CAGR is 14.8%
So Gold actually has beaten inflation and given better returns than most of the other investment assets.
Thanks for sharing this.
Well explained 👍
1 sep 2024
74150 rupee
Land price inter the chat
It's wrong in 2012 the price was 21k today it is close to 60k
Now 77k
I literally made 25 percent returns in 1 year from gold. Currently sitting on 26 percent returns. Please tell the full story..
Gold is real money❤🪙
Gold is recession proof and hedge against share market down fall.
You buy gold not to beat the market but to save yourself in case of market fall.
Kerega
Pick the data from 2002 to 2022.... 20 years margin gold dekh lo..m share market mf etf ya other products.... phenomenal growth
Same goes for land property
Selective sip results mein fasna sahi nahi hai..
How many sip mf opened in last 15 years... How many are growing strong.. opened in last
Me after KGF 2, ek din duniya ka saara sona laakar dunga maa!
bought 100 gms gold in less than 1 year🔥
Congo
Bhai safely store kese kare Ghar pe ya bank locker mein
@@fkrockerzz91 bank me or digital gold is best for safety purpose.
Ghr pr is not that safe.
Maybe u can go for gold bonds.
bhai store kahan karte ho kuch tips do
@@aseemsharanek metal ka बक्सा लो और उसी में स्टोर कर लो , बक्सा बहुत बड़ा होना चाहिए जिससे उसको कोई भी यहां से वहां न ले जा सके ।और अगर बक्से के पास रॉटविलर बांध लिया तो आप खुद भी नहीं निकाल पाओगे अपना खुद का सोना 😂😂😂😂😂😂
Don’t listen to any random youtubers, buy gold in the form of coin or bar, always buy 24 carat, buy from very very trusted source and keep with you. Not in bank locker. Trust me it is a good investment, however you should diversify your portfolio.
Duniya me sab kuch profit ya loss me nahu dekha jaatha, Gold is a best option for investing , incase in emergency we can keep it in any jewellery shop and 2 min me paisa mil jaatha hai
Not really ... its not a hedge against inflation.. its a hedge to your overall investment.
Is charging GST of 3% upon (gold quality+ making charge) correct? Additional 3% on making charge seems irrelevant
@warikoo request you to do an analysis of this video again at current circumstances for gold for 10 yrs and 15 yrs.
But gold is one of the safest and luxurious investment 😍
Its one of the worst "investment" Its a good store of value.
FD 🔥
Galat bola tu, bitcoin is safest agar tu niche ke rate se buy kiya toh like 20k$
@@robertfuest007 bitcoin is taxed with 30% and unstable.
U don't know ur source and u don't know where it is used.
Maybe ur bitcoin money is used by terrorists and human trafficking.
U know isis terrorist org also have bitcoin.
The best advantage of investing in gold is that when market falls for any reason, the gold price will not fall as market because gold is an international commodity and some of your money that one invested in gold will be safe.
More than enough to understand SGB investment. Thanks.
2017 mai 27000 rupees per 10 gram liya tha aaj nov 2023 63500 rupees per 10 gram hai... Ab btao sir ji
Same bhai 2018 me 10 tola liya tha 31k ke aas paas..
He is talking about annual returns not the absolute returns
Why only 10 years when we all know, it was a lean period for both gold and real estate? Please also share the result of 20 or 25 years data ? My sense is, It has given much better returns over this period. Tx.
Robert kiosaki be like "Matlab Mai pagal hu jo sabko gold kharido bol naha hu ☠️"
Gold and land is best investment ever
does it make sense to sell gold and invest in residential property
All digital money and assets can be nullified by govt in a click but it may not be possible for physical assets like gold and silver....
He must be buying lot will tell others not to buy, when economical problem will come he will make joke of us
Kon sa school me padhe ho bhai 😂😂😂 gold is money
Gold is the real money. People should consider gold as cash which doesn't have inflation or currency devaluation. Fiat money is like pile of iron that is eroding year on year. For investing purposes you can alway look for real estate and stock market. Gold gives fd type of returns without inflation
Tell this to the Govt who is selling SGB every year ! Can u ? I bet u can't ! 😆😆😆
Return from SGB is tax free... No capital gains taxes applicable on return from SGB and 2nd it's give you 2.5 % interest... Investment in gold bonds is better than investing in FDs
Sir 2024 did it barely beat the inflation?
Hey! I'm thinking of buying gold as a security fund. Like this is some money i have to save inorder to use it in the time of need ! So is this a good choice?
@ankurwarikoo be like na gold purchase karo and na apna house purchase karo bus eske overacting wale courses le lo.
😂
lolz. correct
Physical Gold is real wealth. Its independent of economy, recession, war, country's bankruptcy etc. Never listen to these people and buy gold atleast 20% of portfolio should be gold
People buy gold bcz they don't know how to beat inflation by investing in xyz. I go for gold as good investment.
Classic Agent if matrix 😎
Best is SGB, approx 10% yearly risk and tax free returns.
Yeah that's why India and China are building their reserves with gold and Russia is pegging gold against Rubel. Its not just returns when it comes to gold.
Gold is not like EQ shares or MF it is the real deal.
And what the hell he meant by gold in Jewellery form is waste? Thoda idhar udhar dekho log Jewellary ka kya kar rhe hai
Ab kuch log yeh bhi bolenge ki khaana sirf din me 2 baar khaao, jo paisa bachaoge usse invest karo.
SGB is the way to go
In 2005 gold price was 7000
In 2005 nifty was 2836
Now nifty is 24000 increase 7.9%
Now gold is 72000 increases more then
10% 😅
Ornaments ke rup me to aur bhi bura haal hoga. Kyu ki usme 12-15% making charge dena hota hai.
In his own excel sheet see column C and E, 100 rs after inflation is equivalent to 188 rs but at the same time 100 rs in gold became 199 rs. we are at profit of 11 rs after beating inflation...
Isliye Ashneer bolte hai. Mera naam uske sath mai lena💀🌚
No.. One must invest in GOLD🙏🏻
GOLD can change one's financial luck.
This analysis is not correct. 6.5% annual return is in USD terms. So compare it with inflation in US. If you compare INR returns to inflation in India, gold returns have exceeded inflation significantly.
Great sir... Much awaited information.... I was going for this analysis and you gave me ready material thank you
Meanwhile...
Robert kiyosaki working on getting a gold mine.
Suggesting people to buy "real" money, that is silver and gold..
And Mr.Warikoo is saying this nonsense 🤦
Mane khud har saal ka comparasion kiya hai 2010 se 2024 tak or 80 % of cases mai ye last year se 10bse12% increase hota hai.
On records india mai inflation rate 5.3%hai but actual mai 10.4% something hai.
Sir hum 1000 rupees gold me sip karege phone pe tiik rahega ya fir ya fir isase bhi achcha kuchh aur hai please bataiye
Gold is an emotion
I got many tymes benefited from gold jewelery....
Suppose war takes place or any disaster comes will MF or digital gold will help.shud we put maximum our money in policies or MF ??
We will buy and already beating inflation lol. Profits have been made no thanks buddy 😊
In gold bond we get 2.5% interest along with the change in gold price. So it will result in 9 to 12 % return.
Most of such kind of influencers are not wise but just data analytics
Gold is all time record high.
Gold is real not paper not property which you cannot sell during an inflationary period.
It's 7.** % in last 12 years, 9.83% in last 10 years, 12.32% in last 24 years.
But the point is, I will mostly not hold gold for 24-25 years to get that 12% returns. So at best 10 years we will get only 9%
In 2019 gold price was 23k per sovereign.
Now its over 50k...
Within 5 years.
Sir in 2024 it's all time high. Allow ppl to invest in gold first
In an indian setup people invest in gold for the wedding purposes & gifts for the future generations. Also as an asset for emergency needs. Once up on a time I have studied in my masters that india comes under developing countries & 3rd world countries. Pls don’t forget it. Now it’s coming in third largest economy. Uk & USA, Canada became half India. 😅 sab population ka Khel hai.. now all foreign companies wants to invest in India. So.. our kids ll learn that india is biggest country in the world. NRI perspective 😊
What do you mean by worst jewellery?
Except real estate , NIFTY 50 , Mutual Funds, calculated Stocks, no other option safer than these beats inflation. 🙂
Tax ki samajh nahi lagi.
Aik price pe gold Aik dafa lelia phir agar uski value barh jaye to tax kaha involve hoga.
Ya ye at the time of purchase per tax ki baat ho rahi?
Gold has given CAGR of 16% in the last 5 years There will always be demand for gold
From 2022-2024 gold has given almost 60% returns ? Why not show this data also ??
Gold inflation me increse hota hai toh jab inflation aae toh buy Karo not that gold jo tum shop se kharidate ho
Gold is god's money. Doesn't need government backing
Price (24 karat per 10 grams) 2011Rs.26,400.00
Vs
YearPrice (24 karat per 10 grams) Rs.52,670.00
Then Sir, what is the best investment option?
Gold is much better tham the higher volatile stocks.
Well this video made my confusion clear and now I am sure that i am doing right thing by not following this channel and listening to alternative channels 🙏
Gold is the best investment that we can liquidate immediately during emergencies 😊 that too for all the middle class families. Practical investment. Not everything that said by these influencers are right.
Government takes so much tax why no one says anything...
6.5% compound annually (CAGR ) .. NOT SIMPLE ..
Gold me invest karna hai to AAP SGB (Sovereign Gold Bonds) me invest kar sakte hai
Aur mostly 2020 main badha hai. Agar woh chance miss kiya hota toh kuch nhi milta. Gold is very unpredictable
Dont bash influencers. They need to shove nostop content to survive...
2022 ko 2024 tak khicho, aur batao kiya aa raha hai interest rate?
Gold is an interest more than an investment
Ab smjh me aya ki ashneer ne kyu kaha tha ki maa ki gali de do lekin ankur wariko se compare nhi Krna
Ab isse thoda political banaate hai
Ye 2013 mein inflation 11% tha
Waah 😂
what about SGB. IT IS TAX FREE.
Sgb full form please.and meaning if u have time please tell me.
Why physical gold is always the OG hedge fund- even when govts collapse, nations are tumbled, regimes are fallen, massive disasters occur, gold is always accepted in all corners of the world in all times- good or bad as payment/collateral.
Another example of why you shouldn’t take financial advice from a self acclaimed Financial Advisor with almost no knowledge of reality.
Biased and untrue facts.
Let’s actually see the figures here-
In 2012, the price of gold in India was ₹31,000 per 10 gms (you can Google it and check) and today (August 15, 2024) after 12 years the price of gold is ₹75,000 per 10 gms.
Which shows an increment of ₹44,000 in the past 12 years, that means the gold rates saw a boost of 241% in the time period. Which is an increment of roughly 20% per year.
Hope you Stop fooling people with your false and misguided facts sir.
He’d rather suggest us “invest” in his course instead of gold .
I BUY AND SELL MY OWN GOLD.
IN LAST 10 DAYS it increased 9%
Yes I know I can invest in stocks and earn more than that. But I do it with MCX. which means I pay 10% to buy 100% gold and I can sell it, and cover profit 💯👍