Economics Growth: Gold and Success gave 500% profit after 17 years Gold and Success came at the same

Economics Growth: Gold and Success gave 500% profit after 17 years Gold and Success came at the same return growth.

 For popular investment, both stock market and gold have been better options. In the last 17 years, gold and stock market have given the same return, both have given almost 500% return, but if seen, this return is year-on-year. There has been more or less, but in the comparison of gold and Sensex debt from 2006 to 2023, both look the same.

 In 2006 Sensex and gold both were at 10,000 if someone had invested 1 lakh rupees in gold and sensex at that time then in these 17 years it would have been a profit of 6 lakhs i.e. 5 lakhs or say 500% profit but compound Interest is not added to it only flat interest is added.

 From May 2006 to September 2010 doubled the money up to 10 20 thousand, after that from September 2010 to August 2019 doubled the money from 20000 to 40000, then from August 2019 to 2023 gave 50% return in 4 years which is 40000 From to 60000 remained.

 What is Sensex and Gold.

 Sensex, Sensex is derived from two words sensitive and index. Experts say that it came into existence on April 1, 1979 with a base value of 100. It came into existence with 30 companies listed on the Bombay Stock Exchange like Reliance and State Bank, but the index has always been updated and includes Some companies have been participating in this, which company will be in the index and which is not, it is decided on the basis of BSE index committee formula.

 Gold has been a valuable asset for centuries and has been considered the safest investment!

 Note: This price of gold is according to the annual average and the price is per 10 grams, while the figures of Sensex are of every year.

 10,000 in 2006,

 13,787%

 10,800 in 2007

 20,286%

 12,500 in 2008

 19,647%

 2009 14,500

 17,464%

 18,500 in 2010

 20,509%

 26,400 in 2011

 15,454%

 31,050 in 2012

 19,426%

 2013 29,600

 21,720%

 28,600 in 2014

 27,499%

 26,300 26,117% in 2015         

 2016 28,600

 26,626%

 29,600 in 2017

 34,056%

 31,400 in 2018

 36,068%

 35,200 in 2019

 41,253%

 48,600 in 2020

 47,751%

 48,700 in 2021

 58,253%

 52,600 in 2022

 60,840%

 61,500 in 2023

 125 62,724%