Gold Vs Share Market Return: The share market remained behind gold despite creating historical records, know how much gold earned in 6 months

Gold Return: The stock market has created a unique record on Wednesday. It has peaked. Sensex has crossed 80 thousand points and Nifty 24300 points on Wednesday. However, even after making the record, the stock market has lagged far behind gold in terms of earnings. Notably, gold is still about 3 percent cheaper than its record high.

Gold has earned investors more than 13 percent

The first 6 months of this calendar year have been completed. Sensex and Nifty have returned investors around 10 percent during this period. Gold, on the other hand, has earned investors more than 13 percent. What is special is that gold has given positive returns 4 times in the first six months of the last 5 years. While Nifty has managed to give positive returns only 3 times. Let us also tell you how gold and stock market figures are looking in the first half.

Gold or stock market who made more money?

First of all if we talk about the stock market, the stock market has created many records in the first half of the current calendar year. Where Sensex has given investors a return of 9.40 percent. On the other hand, Nifty has given investors a return of 10.48 percent. If we talk about gold, it has given investors more earnings than both Sensex and Nifty. Gold price was Rs 63,203 per ten gram on the last trading day of last year, which touched Rs 71,582 on the last trading day of June. This means that gold has returned 13.25 percent to investors in 6 months.

Who will be my bet in 5 years?

If we compare the performance of gold and Nifty in the first half of the last five years, gold seems to be winning here as well. Gold returns have been positive on four occasions between 2019 and 2023. The highest return was in 2020 (13.71%) and the lowest in 2022 (0.59%). In the year 2021, the price of gold saw a decrease of 3.63 percent.

In contrast, Nifty has given positive returns on three occasions in the first six months of 2019, 2021 and 2023. On the other hand, the Nifty returned 12 percent for the entire year in 2022, the highest between 2019 and 2023. In the year 2020, the Nifty lost 15 percent in the month of March due to the Covid pandemic. While the Nifty suffered a loss of 9 percent in the first six months of 2022.

Gold 3 percent below lifetime high

If we talk about gold, currently the price of gold is seeing a decrease of about 3 percent. Gold prices touched a lifetime high of Rs 74,777 per ten grams on May 20. Gold prices touched a two-week high of Rs 72,573 on Wednesday. This means that gold is getting cheaper by Rs 2,204 from the lifetime high.

However, gold prices were trading at Rs 72,350 with an increase of Rs 796 on the Multi Commodity Exchange at 10.40 pm on Wednesday. However, gold opened at Rs 71,713 on Wednesday and also touched an intra-day low of Rs 71,685 during the trading session. According to experts, the price of gold may reach the level of 78,000 rupees by the end of next year.

At market record levels

On the other hand, the stock market closed at a record level on Wednesday. The Sensex gained 545.34 points to close at 79,986.80 points. While during the trading session Sensex reached a lifetime high of 80,074.30 points. On the other hand, National Stock Exchange's flagship index Nifty closed at 24,286.50 points with an increase of 163 points. However, the Nifty touched a lifetime high of 24,309.15 points during the trading session.