Samvat 2075: Gold and silver give returns of 21% each, outperform equities

The markets came off by 10% between June and September

Gold and silver have proved to be the most rewarding for investors in the just-concluded Samvat 2075. After three years, the two precious metals have out-performed equities with returns of over 21 per cent each. The performance of the equity market was yet again divergent, with the large-cap-focused Nifty index gaining 10 per cent and the mid-cap and small-cap indices dropping 6.4 per cent and 9.6 per cent, respectively. 

For the equity investor, Samvat 2075 was a choppy ride. The benchmark indices gained as much as 16 per cent and climbed to all-time highs immediately after the re-election of the Narendra