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TOMEI (7230) : TOMEI CONSOLIDATED BERHAD
i4value
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Posts: 633
Joined: Aug 2020
26 Sep 2023, 10:07 AMPost #1

Are you better off investing in gold than in a gold proxy such as Tomei? 

To answer this question, I compared the gain from gold compared to Tomei based on the short-term situation ie 2019 to 2022.

From 4 Jan 2019 to 26 Aug 2022, gold appreciated by 8.5 CAGR %. If you have invested in Tomei, your compounded annual total gain (capital gain + dividends) would be 22%. 

On such a basis there is no advantage to investing in gold.

For more insights on Bursa gold proxies, refer to “Are there Bursa proxies for gold?”

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