Who outperformed gold or stock market in terms of giving returns to investors this year? While on one hand the stock market has reached an all-time high, on the other hand the gold prices in the international market have made investors good money.
Gold has always been a favorite and traditional investment option for Indians
Gold has always been a favorite and traditional investment option for Indians. Along with this, women have played the biggest role in increasing the purchase of gold jewellery. These ornaments, which are used for adornment, keep increasing in value with time. In such a situation, people buy jewellery not only for use but also for investment. But in the last few years, the inclination of investors has also increased rapidly towards the stock market. People are investing money in the stock market directly or through equity mutual funds. In such a situation, new investors get confused about choosing between gold and stock market. They have a question in their mind that where to invest money between stock market and gold so that they get more returns.
Where to invest money between stock market and gold so that it gets higher returns?
The direct answer to this question can be easily found by looking at the returns of gold and stock market this year. In fact, in 2024, gold has given more returns than the stock market. The price of gold in the international market has increased from $ 2060 to $ 2600 per ounce. That is, the price of gold has increased by about 26 percent this year. On the other hand, if we talk about the stock market, so far this year Nifty-50 has increased by about 16.60 percent. In such a situation, it is clearly visible that so far this year gold has given more returns than the stock market. If experts are to be believed, this year gold can reach from $ 2,640 to $ 2,660 per ounce in the international market.
Why are gold prices rising?
Gold prices are rising due to rising geopolitical tensions and rising inflation. At the same time, the dollar is weakening and gold prices are rising due to the expectation of interest rate cut by the Fed. All the central banks around the world are also increasing the purchase of gold. The inflation due to which gold prices are rising in the international market is also troubling the people of the world’s largest economy, i.e. America. According to a report, it is becoming difficult for one-third of the population of America to manage household expenses. In July, 37.4 percent of people above 18 years of age said that they are facing difficulty in managing family expenses. Not only America but many countries of the world are troubled by inflation. Most in trouble
Not only America but many countries of the world are facing problems due to inflation. Most of them are facing problems
–Argentina is where the inflation rate is 237 percent
–At the same time, Syria, which has been suffering from civil war for a long time, is at second place with 120 percent inflation rate.
–This is followed by Türkiye at 51.9 percent.
–Venezuela: 35.5%
–35.4 percent in Lebanon
–11.66 percent in Bangladesh
–And the inflation rate in Pakistan is 9.6 percent
The inflation rate in India is 3.65 percent and it is at number 19 in the world. At present, the lowest inflation rate is 0.6 percent in China.