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Shariah
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NICE (7139) : NICHE CAPITAL EMAS HOLDINGS BERHAD
i4value
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Posts: 633
Joined: Aug 2020
27 Sep 2023, 08:39 AMPost #1

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

To answer this question, I compared the gain from gold compared to Nice 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 Nice, your compounded annual total gain (capital gain + dividends) would be 43%. 

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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