xTako

Gold has always been as good as Nifty

Short
Nifty has always traded between 0.2 to 0.4 Gold (in INR per KG), from 2015 to 2023.
This should come as a surprise to anyone since the sentiment is overwhelmingly in favor of Nifty.

Also note that Nifty is now on a weekly downtrend vs Gold.

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