You can quickly earn big profits by putting money in gold now.
Good returns are made on long-term investment in gold. If we look at the records of 10 years, then it is known that in a few months, gold gives tremendous profits. At the same time, there is pressure on the gold price in May every year.
According to 10-year record, these months of the year gave strong returns
Good returns are made on long-term investment in gold. If the records of 10 years are scrutinized, then it is known that in April, June, July and August, gold gives tremendous profits. Every year there is pressure on gold prices only in May. Anyway, at this time gold is selling at 20 percent cheaper than its highest level. Gold has reached Rs 44,701 per 10 grams on 1 April 2021. At the same time, on August 7, 2020, the price of gold reached the highest level of Rs 57,008 per 10 grams. On this basis, gold is being available with a discount of Rs 12,307. At this price, new investment in gold will be considered good.
read this also- Gold Price Today: Gold bounces up, silver rises by Rs 1000, see latest prices quicklyGold has been giving average returns in which month of the year
If you look at the record of 10 years in terms of profits from investment made on gold, then the next few months have been fantastic. There has been a history of gold boom in April, June, July and August. Gold has given an average profit of 2.38 per cent to investors in April. At the same time, gold has been giving an average loss of 0.16 per cent to investors in May. Then in June its prices start climbing and in the last 10 years it has given a return of 1.45 per cent to the investors. In July, people have gained an average of 1.47 per cent from gold. August has proved to be the most profitable month for 10 years. In August, Gold Investors has averaged 6.59 per cent.
read this also- RBI has given a chance to buy the cheapest house in the new financial year! New average base rate released, home loan customers will get benefit
Gold prices will remain trend in the coming few months
Considering the current situation around the world, experts have set a target of Rs 52,000 to 53,000 per 10 grams in gold. At the same time, some experts say that in the year 2021, gold can also cross the level of 63 thousand rupees. Anyway, the cases of corona virus are increasing again worldwide. In such a situation, people can turn to gold which is considered the safest investment option. Even investors can invest in gold by withdrawing capital from high risk investment options. In such a situation, gold prices will get support.