Here is why gold can outperform equities and give 25% returns in 2021

With physical demand improving from China and India, we expect Gold prices to touch Rs 62,000 mark per 10 grams in domestic markets by 2021," Sunilkumar Katke, Head - Commodity and Currency at Axis Securities said in an interview to Moneycontrol's Sunil Shankar Matkar. For Gold and Silver, the only factor that may cap the rally is the vaccine success, he added. On the crude oil front, for 2021, he expects the prices to stay in the range of $45 to $60 mark, with a buy recommendation around $45 mark with a target of $60 mark for Brent crude.

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