Nifty-gold ratio falls near 1.5: What does it signal about gold and equities? What should investors do?
Generally, gold and equities move in opposite directions as their movements capture two opposite moods. However, it’s a rare time when both equities and gold are witnessing high volatility. The Nifty-to-gold ratio has declined to near 1.5, based on gold’s price in India and the Nifty’s current value. This narrowing ratio shows gold’s outperformance of…
