Gold Vs Silver Vs Nifty 50: What 26 Years Of Returns Reveal About These Assets

Gold, silver and equities can behave very differently even when investors face the same market environment. Looking at their performance over 26 financial years offers a useful perspective on those differences. From FY01 to FY26, gold was generally more resilient during years when the Nifty 50 TRI declined, while silver experienced wider swings in both directions. The data also shows that both precious metals had very low correlation with the equity benchmark over the period.