Gold Is Not Negatively Corredated to Equities

Gold's long term returns are around eight %, which is barely above a ten year government of india bondild a. And its volatility the same as the indian stock market, right? So i'm not even talking about high quality equities, just the nefnefty of the sensex itself is a 13, 14 % yieding asset, clean six % premium to gold oeonterater for comparable volatility. If real estate or gold was negatively correlated with equities, i could stomach that there's some logic for a lower return. But theyre not. Neither real estate nor gold negatively correlated. Both real estate and Indian equities. The data is quite easy to