Gold, silver outshine equities in H1, ₹ loses amid global woes

Yellow metal logs best half-yr returns in 30 yrs; weakest H1 for indices since FY23

- BS REPORTER

Gold and silver delivered standout returns in the first half of FY26 (H1FY26), outshining domestic equities, as global uncertainty drove investors towards safe havens.

While gold jumped 29.4 per cent - its best first-half return in three decades - silver soared 41.2 per cent, the strongest since its 53 per cent during the lockdown year (FY21).

Domestic equities, on the other hand, recorded modest gains in H1FY26, weighed down by persistent selling from overseas investors that also pressured the rupee.

The Sensex and Nifty advanced 4.6 per cent and 3.7 per cent, respectively - their weakest firsthalf performance since H1FY23, when both indices had slipped around 2 per cent.