Gold has emerged as the ultimate long-term investment champion, outperforming major stock indices over the past 25 years. Since 2000, gold's value has surged 9.99 times in USD terms, more than doubling the S&P 500's 4.34 times growth. In Indian rupees, gold's 19.32-fold increase surpassed the Nifty 50's 15.67-fold rise. This remarkable performance underscores gold's resilience as a safe-haven asset during economic uncertainties. Experts attribute gold's continued momentum to a weaker dollar and supportive US tariff policies. As gold prices reach new highs, investors are closely watching upcoming US retail sales data for potential market impacts.
Sources: Economic Times, Devdiscourse, Moneycontrol