Gold best performing asset of FY25 but equities outperform in long-term

Gold emerged as the best-performing asset class in FY 2024-25, with a 41% gain in USD and 33% in rupee terms, reaching record prices above US$3,125/oz (Rs 88,946 per 10 grams), driven by heightened demand and central bank acquisitions. While gold excelled in the short term, Indian equities, represented by the Nifty 50, demonstrated superior long-term returns with a 13% annual increase over 20 years. Central banks, particularly the Reserve Bank of India, are expected to continue significant gold purchases amid ongoing global economic uncertainties.

Full Article