News From Press Gold's decadal returns among the worst in history

Gold's decadal returns among the worst in history

Source: Mint Sep 23, 2022

Goldhas had a difficult decade. With a return of just 3.4% in rupee terms in the 10 years ending 16 August,goldinvestors have been unable to even beat inflation. This is highly unusual for the precious metal. A Mint analysis of 10-year rolling returns forgold(based on WorldGoldCouncil price data) shows it has delivered a 10-year return lower than 3.4% CAGR only 3% of the time if you look at data starting 1979-89.

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1 Comment

Thirupathi Rao Kandepi · 2 years ago `

Sirs,savings in mutual funds is the best way for rainy day. But mutual fund people are attending investor presentations of various companies instead of analysing and getting clarifications in AGMs, which makes companies improve the management systems. Also My suggestion is to bifurcate expenses under salaries,perks of various managerial persons under seperate heads instead of a single head ,salaries to analyse balance sheets in a better manner.

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