Nifty 50 Vs Gold – Which is the best investment? As gold price touched an all-time high and Nifty is in sideways for few years, obliviously many have this question. Let us try to understand this by looking at the past 24 years of Nifty 50 TRI and Gold data.
Why I have taken only 24 years of data and why not more or less? As Nifty 50 TRI (Total Return Index) data is available from 30th June 1999, I have considered the data from 30th June 1999 to 21st April 2023. Again you may ask questions like why 21st April 2023 as the data is available for up to 28th April 2023 (based on the date of writing this article). The reason is I have taken the daily gold price data from World Gold Council. According to their latest updated data, the last date is the 21st of April 2023. Hence, to make sure that there should be uniformity, I have considered these start and end dates for our discussion.
To ensure uniformity of data, I considered only the values where both Nifty and Gold had…