Gold’s returns from 2000-2023 YTD in Major Currencies
Source: IGWT Report
INR - GOLD average is nice
20 out of 23 times in green with one flat year , one -6% year n 2013 where there was massive fall in gold prices. One of the safest instruments in INR terms.
Generating almost 12% on an avg…wow
In dollar terms, Gold is going into the bear rally for years.
50% correction from where the #Gold is right now.