Gold has outperformed both Indian equities and real estate as an asset class over the past two decades, according to a report. Based on rupee returns, gold achieved a compounded annual growth rate (CAGR) of 15% against Indian equities, which recorded a 13.5% CAGR as measured by the Nifty 50. Real estate and debt trailed significantly, yielding 7.8% and 7.6% respectively. Indian equities over the same period also lagged behind US equities, which delivered a 14.8% CAGR as tracked by the S&P 500. Over the latest five-years, gold's performance was even stronger, with a five-year CAGR of 23.2%, outperforming Indian equities at 16.5% and US equities at 19.6%, a report by FundsIndia said. Advertisement

Analysts attributed gold’s rise to central bank buying, safe-haven demand amid aggressive cen

See Full Page