Invest in gold now, you will get great profits in 1 to 5 months! See the record of previous years

You can quickly earn big profits by putting money in gold now.

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.

new Delhi. Gold-silver price in the country was continuously falling for a few days. Now, on the first day of the new financial year 2021-22, in the evening, prices of gold and silver rose sharply and closed with a splendid rise in the local bullion markets. In such a situation, the question of most investors will be whether the price of gold can go up or it is a temporary increase. The question is also whether one can invest in gold at the current price or earn profit by selling the gold with this increase. To know the answers to all these questions, it would be better to look at Gold’s previous record.

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.

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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.

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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.

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