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Gold Outshines Equities as Prices Soar Past ₹1 Lakh Mark
The New Indian Express Sambalpur
|April 23, 2025
Amid rising global uncertainty and escalating trade tensions, investors are flocking to safe-haven asset gold.
The yellow metal surged over 30% in the past year, outpacing the Nifty's 8% gain.
Over a three-year period, gold has consistently outperformed equities, bolstered by persistent geopolitical and economic risks. On Tuesday, gold prices in India hit a historic high, breaching the ₹1 lakh per 10 gram mark, fueled by mounting tensions between US President Donald Trump and Federal Reserve Chair Jerome Powell over interest rate cuts.
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