If gold has outperformed the Wall Street indices, it has done even better compared to the Indian equity indices. Year to date, the Nifty has fallen 15% and had given a return of 63% in the past three years. In contrast, gold has risen 35% year to date and given a whooping 108% return in three years in rupee terms.
On this auspicious day on Dhanteras, Chirag Mehta, fund manager commodities at Quantum AMC says that itDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
