All that glitters: Gold prices ahead of Sensex on YTD, five-year basis

The past few years have been good for equity investors with a big rise in stock prices in 2020 and 2021.

This has acted as a magnet for investors, and led to a record number of equity-trading and demat accounts being opened.

However, it has been even better for traditional investors who put their money in precious metals such as gold and silver.

After the recent rally in such metals, gold has started outperforming equities and silver is just notch below them (see the adjoining charts).

Gold prices in the domestic market are up 12.6 per cent year-to-date compared to