Friday, May 6, 2011

gold rate

gold rate

Last year, Akshaya Tritiya was on May 16 and the gold price on May 17 was `18,265 per ten grams. This year, as on May 4, the cost is `22,265 per ten grams.

Gold has outperformed many asset classes by giving returns close to 21.81% since the last year. Whereas, if one calculates the returns gold has managed to deliver since Akshaya Tritiya 2009, it will be close to 51%.

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