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
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