
In conversations about investing, both public and private, gold goes in and out of fashion as its price goes up or down. Depending on the starting and ending points of the time frame you choose, you can show gold to be either good or bad as an investment. However, if you look at a long enough period, only one conclusion is possible. Over long periods, rising gold prices give an illusion that the returns are good. Consider a span of approximately 40 years, from 1981 until the present. In this duration, the price of gold has experienced a 33-fold rise, moving from Rs 1,800 per 10 grams to nearly Rs 60,000. This is an impressive appreciation. However, if you contrast this with the performance of the Sensex in the same period, the perspective changes significantly. The Sensex, starting from 173 points, has catapulted to 62,500 points, markin






