Gold Looks Ready to Make Way for Stocks

With Gold Up 25% in Early 2025, Experts See Limited Upside as Global Risks Ease

- Abhinaba Saha

MUMBAI: Indian investors appear to be taking a U-turn from safe-haven gold to riskier assets like equities, as green shoots of geopolitical stability begin to emerge across the globe.

With the precious metal already delivering returns as high as 25% in the first four months of 2025, experts believe there is limited room for significant upside, especially as global uncertainties begin to wane. This likely explains why domestic gold exchange-traded fund (ETF) redemptions reached a one-year high last month.