Why MCX gold rate outperformed Nifty 50, Sensex, Bank Nifty in YTD? Explained with 5 crucial reasons
“A confluence of macroeconomic, geopolitical, and investment-related factors has driven Gold’s performance in 2024. With such strong tailwinds, Gold has solidified its position as a standout asset in the portfolios of both individual and institutional investors. Gold reached an all-time high of $2,790/oz in international markets, while in domestic markets, it soared to a record Rs.79,775/10gm. With returns of around 27 per cent in international markets and more than 20 per cent (20.91 per cent) in domestic markets, Gold outperformed most asset classes, including equities. The benchmark Nifty index, which touched record highs of 26,277 mark in September, has risen 8.5% year-to-date” said Sugandha Sachdeva, Founder of SS WealthStreet.
How much gold to keep in portfolio in 2024?
How much gold to keep in portfolio? "It's advisable to allocate 10-15 per cent of one's portfolio towards gold and silver to hedge against economic or geopolitical uncertainties and for better risk-adjusted returns," says Sugandha Sachdeva, Founder of SS WealthStreet....
How does India VIX impacts equity markets ?
Introduction In the realm of Indian financial markets, the India VIX holds significant sway, serving as a key indicator of market volatility and investor sentiment. As investors strive to decipher the intricacies of market dynamics, understanding the impact of India...
