Correlation of gold returns to Nifty returns has been detrimental. This implies each time Nifty falls, gold holds the fort.
India has seen a drastic change in funding patterns over the previous couple of many years because of new funding choices pushed by easy-to-use tech platforms. Nonetheless, one funding choice has remained constant over the previous couple of many years, even over centuries–gold.
We studied gold returns along side fairness and debt markets, GDP development charge and different components. Under are a couple of of our insights:
(picture) As of March 31, 2023.
Returns aren’t solely about equities: Fairness, as an asset class, has…