Are you better off investing in gold than in a gold proxy such as Nice?
To answer this question, I compared the gain from gold compared to Nice based on the short-term situation ie 2019 to 2022.
From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 8.5 % CAGR. If you have invested in Nice, your compounded annual total gain (capital gain + dividends) would be 43%.
On such a basis there is no advantage to investing in gold.
Are you better off investing in gold than in a gold proxy such as Nice? To answer this question, I compared the gain from gold compared to Nice based on the short-term situation ie 2019 to 2022. From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 8.5 % CAGR. If you have invested in Nice, your compounded annual total gain (capital gain + dividends) would be 43%.
On such a basis there is no advantage to investing in gold. For more insights on Bursa gold proxies, refer to “Are there Bursa proxies for gold?” https://www.youtube.com/watch?v=CvdIyx3eAWA
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mf
29,189 posts
Posted by mf > 2020-08-10 09:41 | Report Abuse
tp 0.380