Gold is a must in your Warchest

Today’s Daily Byte

It’s a special day today as Donald Trump becomes the 47th President of the United States. It’s crucial to understand that US presidents have often changed the course of history, whether it was Nixon in 1971 or the leaders who joined World War II with the Allied forces. A significant amount of history-changing events have happened whenever a new president has come into office, and this one, in particular, could be a path-changing moment for both the US markets and the rest of the world. We don’t know exactly what will happen over the next four years, but this presidency could bring about some big decisions that alter the current course of how the world operates.

So, in today’s Daily Bite, we’ll discuss whether Trump’s win is likely to favor the Indian markets. What are the experts saying, and what could this mean for India? Will it be positive or negative for Indian markets?

Reading Time : 4 Minutes

Gold is a must in your Warchest

Over the past 25 years, three key assets—Nifty, Gold, and Silver—have shown varying performances. Each year, one of these has emerged as the best-performing asset, giving investors different outcomes. If we look at the numbers, Nifty outperformed in 12 out of the 25 years, Silver took the lead in 6 years, and Gold was ahead in 7 years.

The performance gap between these assets highlights the importance of diversifying across different asset classes.. . . . .

Reading Time : 3 Minutes

Economist El Erian’s view on Gold

In recent times, there has been a noticeable shift in how countries and global institutions view gold. Historically, gold has often taken a back seat, but this is changing. Many central banks and nations are starting to put more focus on gold as part of their reserves.

This shift is not just a trend; it is a reflection of the changing global financial system and its long-term implications.. . . . .

Reading Time : 3 Minutes