Gold outshines equities in 5 years. Top 6 factors likely to dictate price in 2025 – Gold: Walking the tightrope of uncertainty

Over the past five years, Indian gold has significantly outperformed the Sensex, rising 70%-75%, compared to the 50%-60% returns from equities, according to Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions. This outperformance has been driven by inflationary pressures, global economic uncertainty, and central bank buying, making gold a preferred safe-haven asset.

Gold’s role as a hedge against currency depreciation and volatility has driven investors toward wealth preservation, while equities react to economic cycles and policy shifts. Though high interest rates may cap gold’s upside, global tensions could spark a rally. Here is what Choice Broking has to say: