Indians were on a spending spree last year. But those who shopped for gold have reason to be satisfied with their purchase — gold price has seen a 26 per cent rally this year!
In rupee terms, gold prices have shot up by Rs 400/gram (Standard 24 carat gold), a 22 per cent run up. In contrast, stocks weren't a better play — the benchmark Sensex is up just 15 per cent year-to-date.