While gold has rewarded investors richly over the past three years (compound annual return was 14.8 per cent), it has been in correction mode over the past six months (down 5.8 per cent). If you plan to buy gold jewellery or coins for religious or cultural purposes this Akshaya Tritiya, you may do so.
But if you plan to buy the yellow metal for investment purposes, you should be informed about the factors that could have a bearing on its price in the near future.
Recent underperformance
Gold gave a stellar return of 27.9 per cent in rupee terms in