Gold vs Nifty 50: Which investment created more wealth over the past 10 years?

Gold has outperformed Nifty 50 over the last one to five years. A ₹1 lakh investment in Nippon India Gold ETF grew to ₹3.95 lakh in 10 years, while SBI Nifty 50 ETF grew to ₹3.33 lakh. Over longer periods, both gave similar returns.