Gold trumps most EM stocks, barring India https://ifttt.com/images/no_image_card.pngGold returns from local currencies in Turkey, Malaysia, Taiwan, and South Korea have yielded the highest returns over local equities. Kapoor said equity returns in India have exceeded that of gold because the rupee has been ‘fairly stable’, and the business environment has allowed companies to be profitable.
Thursday, September 14, 2023
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