Gold to shine amid global recession; soft landing could play spoilsport

But it will lose sheen if the world economy achieves a soft landing

Karthik Jerome
Last Updated at December 22, 2022 01:17 IST

Gold has also beaten most debt mutual fund categories whose returns are less than 5 per cent YTD

With a year-to-date (YTD) return of 11.4 per cent, gold has outperformed the Sensex (up 4.8 per cent). It has also beaten most debt mutual fund categories whose returns are less than 5 per cent YTD. Its performance in 2023 will depend on how the inflation versus growth dynamic pans out globally.

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