Gold has sparkled for investors, having given them handsome 15 per cent returns in the past year period to September, while the ontribution from stocks to their kitty has remained almost negligible during the period.
The government and Reserve Bank of India (RBI) have been urging investors recently to deploy their capital in instruments like stocks and mutual funds, rather than keeping them in idle assets like gold. Gold has appreciated from Rs 27,400 in early September of 2011 to a record of over Rs 32,000 at present.