Gold outperforms stocks on a year-to-date basis

FXStreet (Mumbai) - The markets have been bearish on Gold prices since the beginning of the current year, despite which the Yellow metal has managed to hold above USD 1180 levels. On the other hand, stock markets continued to make record highs in most of the economies around the world.

However, the recent rout in the stock markets makes an investment in Gold look more attractive. On a year-to-date basis, Gold is up 2.68%, while the DJIA is down 2.77%. The S&P is up by 0.78%. Meanwhile, Gold prices are up 10.18% in Euro terms on year-to-date basis. On the other hand, the Dax and the Ftse are down 8.76% and 7.4% respectively.

Moreover, even after having been in a vicious bear market since late 2012, gold has managed to beat the stock markets.