Sensex-to-gold ratio below historical average: Is it time to sell gold and buy equities? Explained
Sensex-to-Gold ratio has dipped well below its long-term average of 1.02x to 0.70x. The ratio measures the relative value of equities versus gold. And past such instances have coincided with periods when equities outperform gold over subsequent years, according to an analysis by Bajaj Finserv AMC.
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