Gold, silver or Nifty this Diwali? 35 years of data reveals the clear winner

A comprehensive study by OmniScience Capital examining 35 years of market data from 1990 to 2025 found that the Sensex delivered an average annual rolling return of approximately 11.5%, significantly outpacing gold’s 9.5% returns based on RBI gold prices. That 2% differential may sound modest, but compounded over decades, it translates into substantially different wealth outcomes.