- विज्ञापन -
New Delhi: Jim Rogers, a renowned global investor, has shared his insights on investing in precious metals, particularly gold and silver, amid rising prices due to geopolitical tensions. He emphasized that everyone should own both gold and silver, citing his learning from Indian women in the markets about the value of these metals. Rogers also noted that silver is currently cheaper, and if prices drop further, he plans to buy more of both metals.
According to a recent World Gold Council report, India’s demand for gold surged by 18% year-on-year in the September quarter, driven by increased jewelry consumption and investment in gold. The value of India’s gold demand also rose significantly, up 52% from the previous year, with a 10% increase in gold jewelry demand due to weddings and festivals.
Regarding mutual funds, Rogers advised that they can be a good investment for those who understand them, but cautioned against investing without proper knowledge. He emphasized the importance of investing in what one knows well and making informed decisions.
Rogers also reflected on his past investments in India, admitting he sold too soon but plans to invest more in the country, which he believes has a promising future.
