4x Return: How buying 1 gram of gold every Dhanteras for 21 years built wealth
The Economic Times · Akash Podishetti ·
Over the past 21 years, investing in gold and silver each Dhanteras has proven to be a wise strategy for wealth enhancement. An initial investment of Rs 76,246 in gold has appreciated to Rs 3,02,400, while silver investment has surged from Rs 1,05,329 to Rs 3,94,800. This trend underscores the importance of steadfast and systematic investing, yielding favorable results despite the ups and downs of the market.
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The study examined what would have happened if an investor bought just one gram of gold and 100 grams of silver every Dhanteras between 2005 and 2025 and held on to the purchases until November 5. The results show that 21 grams of gold, accumulated over the period at a total cost of Rs 76,246, would now be worth Rs 3,02,400. That represents a gain of Rs 2,26,154, with the investment growing nearly fourfold.
Silver delivered similarly strong returns. Buying 100 grams every Dhanteras would have resulted in an accumulated holding of 2.1 kilograms, purchased for Rs 1,05,329. At current prices, the silver would be worth Rs 3,94,800, generating a profit of Rs 2,89,471.
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