positive
Gold Tops Decade Returns as Midcaps Follow Closely in ET Wealth Scorecard
New decade-long performance data compiled by ET Wealth shows gold leading all major asset classes with a strong 17.1% annualised return over the past ten years. The metal benefited from global macro uncertainty, widening fiscal deficits, currency depreciation and persistent central bank demand, strengthening its position as a long-term safe-haven asset.
Midcaps ranked second with 16.7% annualised returns, supported by robust corporate earnings, improving balance sheets and a broad post-pandemic recovery.
Tags:
- markets
- gold
positive
Gold Tops Decade Returns as Midcaps Follow Closely in ET Wealth Scorecard
New decade-long performance data compiled by ET Wealth shows gold leading all major asset classes with a strong 17.1% annualised return over the past ten years. The metal benefited from global macro uncertainty, widening fiscal deficits, currency depreciation and persistent central bank demand, strengthening its position as a long-term safe-haven asset.
Midcaps ranked second with 16.7% annualised returns, supported by robust corporate earnings, improving balance sheets and a broad post-pandemic recovery.
Tags:
- markets
- gold
1 min read
70 words
ET Wealth’s decade scorecard shows gold leading with 17.1% returns and midcaps close behind at 16.7%, supported by strong macro factors and sustained earnings growth.
New decade-long performance data compiled by ET Wealth shows gold leading all major asset classes with a strong 17.1% annualised return over the past ten years. The metal benefited from global macro uncertainty, widening fiscal deficits, currency depreciation and persistent central bank demand, strengthening its position as a long-term safe-haven asset.
Midcaps ranked second with 16.7% annualised returns, supported by robust corporate earnings, improving balance sheets and a broad post-pandemic recovery.
New decade-long performance data compiled by ET Wealth shows gold leading all major asset classes with a strong 17.1% annualised return over the past ten years. The metal benefited from global macro uncertainty, widening fiscal deficits, currency depreciation and persistent central bank demand, strengthening its position as a long-term safe-haven asset.
Midcaps ranked second with 16.7% annualised returns, supported by robust corporate earnings, improving balance sheets and a broad post-pandemic recovery.
Tags:
- markets
- gold
- markets
- gold
- midcaps
- returns
- decade performance