Gold Investment: Akshaya Tritiya 2024-25
Gold has delivered an impressive return of about 32% since the last Akshaya Tritiya. However, for the year ahead, it is advisable to buy gold only for ceremonial purposes and not with an investment motive, as returns are expected to moderate around 6–7%, in line with inflation. The key triggers behind the strong rally—geopolitical tensions between Russia-Ukraine and Iran-U.S., and the trade/tariff wars—are gradually losing strength. Russia-Ukraine tensions are easing amid declining support from the U.S. and EU, and Iran-U.S. tensions are unlikely to escalate significantly. Additionally, countries impacted by tariff conflicts are now seeking resolutions to mitigate economic damage. As a result, a cooling in gold prices is anticipated towards 86000-87000 level. Investors looking for stronger returns should consider silver, which is well-positioned to deliver approximately 30% gains till 125000-130000 levels, supported by robust industrial demand and favourable market fundamentals.
BUY GOLD FOR SHUBLABH BUT BUY SILVER FOR RETURNS
