As uncertainties continue to loom over global economic growth, gold prices are touching new highs. While returns from equity have been volatile since the beginning of the year, returns from gold have moved up. From January to June this year, while the Sensex has given negative returns of 13%, gold has given 23% returns. In the last 18 months, the precious metal has given over 50% returns and is likely to move up further.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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