Archive · 18 Sep 2025
Coinswitch Founder: Equities May Outperform Gold
Gold prices have gone up, but that might not be the best place to put your money right now.
The co-founder of Coinswitch, Ashish Singhal, says people are buying gold when they should be looking at stocks.
Historically, when the stock market seems slow, it often bounces back strongly after a while, leading to big gains.
Investors often make the mistake of buying gold at its highest and selling stocks at their lowest, and he advises to go against this trend.
Gold has surged to record highs.
Coinswitch co-founder, Ashish Singhal, warns investors against mistiming the market by buying gold at highs.
The Nifty 50 has stalled around 25,000-25,800 recently.
When the Nifty-to-Gold ratio hits support, it often precedes stock market rallies.
Historically, equities have delivered better returns after gold seemed the safest.
- Who
- Ashish Singhal (Coinswitch co-founder)
- What
- Analysis of gold and equities market trends.
- When
- Recent months; historical data from 2004 to 2020
- Where
- N/A
- Why
- To understand the current market situation and provide investment insights.
- Main Topic
- Gold vs. Equities Investment
- Gold Price (September 2025)
- ₹1,02,191 per 10 grams
- Gold's Year-to-Date Gain
- 40%
- Nifty 50 Range (Recent)
- 25,000–25,800
- Nifty-to-Gold Ratio
- 2.3–2.65
- Historical Nifty Gains (Following Ratio Bottoms)
- 40% to 190%
- Average Gains Timeline
- 125% in over two years
Sources
Gold prices rising, will stock market fall? ‘Nixon shock’ era holds cues
Gold prices today in your city: Check cost in Mumbai, Bengaluru, Chennai, Hyderabad, New Delhi, Kolkata on September 18
Gold remains a safe haven asset, but no longer a reliable signal for equity trades, says ICICI Securities