Lallmatie.com Blog » dodo http://lallmatie.com/blog Not rants, these are things that must be told! Mon, 27 Feb 2012 19:46:19 +0000 en hourly 1 http://wordpress.org/?v= Gold Remains One of the Safest High Yield Investments – Mauritius Dodo Coins http://lallmatie.com/blog/2010/07/23/gold-remains-one-of-the-safest-high-yield-investments-mauritius-dodo-coins/ http://lallmatie.com/blog/2010/07/23/gold-remains-one-of-the-safest-high-yield-investments-mauritius-dodo-coins/#comments Thu, 22 Jul 2010 20:39:16 +0000 bhoot http://lallmatie.com/blog/?p=250 Dodo Rs 250 photo from TaxFreeGold.co.ukMauritians have access to investing in gold since over 20 years with the introduction of The Dodo coin in Rs 100, Rs 250, Rs 500 and Rs 1000 face values. It must have been in 1990′s, while a kid reading MCB Rupys magazine that I came to learn about it. The Dodo coins were a symbol of patriotism. A few years later, their prices has grown from Rs 1000 to Rs 8000… It came to my mind that hmm, gold prices have increased… Little did I guess that they’d keep on increasing. The Dodo gold coin prices grew an amazing 25%+ per annum* compound over the last five years! Or 14.5%  p.a. for the last 10 years.That might not exactly sound high yield to you, if you are a pro investor getting over 50% p.a. but it’s consistent. I read earlier that Gold prices rise about 20% p.a. while real estate gets 15% p.a. in USA (pre-crisis).

*Get the latest and past prices of The Dodo gold coin from the Bank of Mauritius website: http://bom.intnet.mu

Rs 100 face value – 3.41g of gold - Rs 5155 to Rs 1000 face value (34.05g) at Rs 49,120.

BTW, the BOM site is really BOM!

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