1 min read.Updated: 23 Sep 2022, 06:31 AM ISTNeil Borate
With a return of just 3.4% in rupee terms in the 10 years ending 16 August, gold investors have been unable to even beat inflation
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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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