Gold vs equity vs property: Which delivered better returns in the past decade?

As Indians, we love gold, trust property, and are slowly warming up to equities. But which of these has actually worked best for wealth creation for Indians in the last 10 years? The answer isn’t as straightforward as picking a winner, because each asset class shines (or slumps) depending on timing, risk appetite, and personal goals.

The case for gold

Gold has always been the emotional favourite for Indians. Over the past decade, it has provided stability in times of uncertainty, especially during events like the pandemic and global market volatility. On average, gold has delivered around 8-9% annual returns in the last 10 years. Not spectacular, but steady. The biggest advantage of gold is its ability to act as a hedge when markets wobble.

The case for equities

Equities, through direc