Just bought gold this Diwali? You may want to check the math. As bullion hits a record $4,381.52 an ounce, a 35-year analysis from OmniScience Capital throws cold water on the glitter.
In a column for The Economic Times, Ashwini Shami, the firm’s Executive Vice President and Chief Portfolio Manager, makes a data-driven case: gold may shine in the short term, but equities quietly crush it on returns, safety, and long-term wealth creation.