Stocks Outperform Gold, Silver Over 30 Years: Anand Rathi Report

• A 30-year analysis by Anand Rathi shows the stock market has been the strongest wealth creator, outperforming gold and silver.
• Between 1996 and 2025, stocks performed better for approximately 60% of the time, with Nifty giving an average annual return of 11.4%.
• Gold served as a 'safety shield' with an average annual return of 9.4%, providing stability during market downturns but not rapid growth.
• Silver, with an average annual return of 5.4%, showed significant volatility and a positive correlation with equities, making it a 'risk-on' asset.
• The Nifty-Gold ratio suggests potential for better stock market performance, while the Gold-Silver ratio indicates gold may offer a better risk-balance.

Why It Matters: Stocks have consistently outperformed gold and silver in long-term wealth creation over the past three decades.