The year 2011 ended on a bad note for most asset classes. Only returns from gold and silver were in the green. So, an investor who put money in gold at the beginning of 2011 earned higher returns than those who focused on bonds, stocks, commodities, silver and real estate.
If one adjusts the returns with inflation, only gold gave positive returns. The yellow metal rose 32 per cent in rupee terms, while it returned 11 per cent in dollar terms.
Text: Business Standard