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Investing in gold? Nikhil Kamath lauds yellow metal, surpassed equity returns in past 2 years globally

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Gold outperformed equities globally, while India is an outlier. It's only in India that premium of return on gold over equities was in negative in the past two years
Nikhil Kamath, co-founder of Zerodha, has highlighted the impressive performance of gold as an investment, noting that it has surpassed equity returns globally over the past two years. In a recent social media post, Kamath pointed out that gold has not only provided better returns than equities but has also acted as a hedge against inflation and currency fluctuations. He emphasized the importance of including gold in an investment portfolio for diversification, especially given its historical stability and the current economic climate. This acknowledgment comes at a time when investors are increasingly looking for safe-haven assets amidst market volatility.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/investing-in-gold-nikhil-kamath-lauds-yellow-metal-surpassed-equity-returns-in-past-2-years-globally/ar-AA1yJKjO ]